Your Loro account management services

Rationalisation of your Euro account

Using your Euro account opened with Crédit Agricole S.A. books allows you to centralise your:

• commercial payments worldwide,
• treasury payments,
• collections of cheques (cash letter),
• drafts.

Wherever the beneficiary is located, all payment instructions can be sent to a single SWIFT address: AGRIFRPP.


Reporting tools to optimize your cash management

- Real time Web reporting solutions allow you to: 

• display all booked transactions and intraday position of your account,
• access accurate and detailed information on your account,
• control changes in your straight and value-adjusted balances.

- SWIFT reporting: MT 940, MT 942, MT 950.


Euro commercial payments

- Straight Through Processing: Automatic processing for your commercial orders thanks to our artificial intelligence system.

- Fast and accurate:

• direct routing payments thanks to the Crédit Agricole group presence in 70 countries,
• optimal processing and routing via the most appropriate system for your high and low value payments,
• access to the European Clearing and Settlement Mechanism.

- Real time information:

• web reporting solution to access your account real time,
• our intraday tracking system provides you with position and account reconciliation statements.

Cash letter/ Collection

Our cash letter service enables your bank to cash cheques in Euro drawn in France and in any other Euro country.

- Efficient and accurate:

• simplified cash letter procedure and fast flow processing,
• attractive value date schedule.

- Time saving:

• one delivery point saves on courier charges for each country,
• attractive cut-off time: if remittances are received before 11 a.m CET in Paris, your bank’s Euro account will be credited the same day.

- Cost effective service:

• competitive handling fees,
• rationalization of your Loro account.

As an entry point to the main European Clearing and Settlement mechanisms, we offer solutions to make your financial payments in Euro easy:

• the Target 2 clearing system for high value payments,
• CSM SEPA for high volume transactions.

The Crédit Agricole group provides you with:

• technical infrastructure to access the clearing mechanisms,
• assistance in managing EPC and CSM adherence process with local organizations,
• regular updated information about legal and operational payment issues.

Crédit Agricole Group is a forerunner in SEPA payment solutions:

• founding member of major French and European settlement infrastructures,
• a pionner in processing SCT transactions for its Financial Institutions customers.

We have developed the capabilities to convert existing formats into the new SEPA XML formats to fully support both schemes in parallel and define the appropriate timing for your migration.

Client service

- Two channels for address your routine enquiries:

• SWIFT with the following address : AGRIFRPP,
• Internet : customer.support@ca-cedicam.fr,
• a maximum of 24h needed to analyse all incoming enquiries.

- An effective commercial support:

• an expert and dedicated contact helps you streamline operations, control costs and increase your own customer’s satisfaction,
• proactive and multilingual Support team.

Customised reporting

• On-line access to your account and your intraday operations provides you with timely, accurate and detailed information,
• STP processing analysis.

Your dedicated client officer stands by you whenever you need him/her: