Send Money to France

World First
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
GCEN
Margin Rate: 1.5%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Currency Solutions
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: Not FCA Regulated

Countries in France

About France

Capital city: Paris
Currency: Euro (EUR)
Local time: GMT +1
Telephone code: 33

Currency rules

The Currency

Euro - (EUR)

France switched to the Euro in 2002 and replaced their age old currency the Franc.

Before the introduction of the Euro, the Franc had been in circulation, in some form since 1360! There have been many variations of the franc since then however, with the most recent being the 'new Franc' or 'nouveau franc' which was succeeded by the Euro.

Currency Export regulations:

  1. No restrictions if arriving from or traveling to another E.U. country.

  2. If arriving from or traveling to a country outside the E.U.: amounts exceeding EUR 10,000.- or the equivalent in another currency (incl. banker's draft and cheques of any kind) must be declared.
    Currency Import regulations:

Transfer Money To France

A popular destination for international money transfer, here is everything you need to known about transferring money to France:

Currency

Francs are no longer accepted within the country, with Euros (EUR) now being the official currency. Euros are available in a number of denominations in both note and coin format and will be used during currency transfer to France.

Notes range from 5.00 to 500.00 and are available in the following increments:

• 5.00, 10.00, 20.00, 50.00, 100.00 Euros as well as 200.00 and 500 Euros

Coins range from 1 Euro Cent to 2 Euros and area available in the following increments:

• 1, 2 ,5 ,10, 50 Euro Cents as well as 1 and 2 Euros

Banks

French banks will handle a number of different types of money transfer and are therefore relatively easy to work with. Typically banks will be open from Monday to Friday between the hours of 0900-1200 and 1400-1630.

This will vary between regions and some banks in the capital (Paris) may be open for longer periods. During bank holidays the banks will not reopen after 1200hrs, but will remain closed – some may even be closed the following day but this is not a common occurrence.

Other Options

Banks are not the only place to exchange currency in France, and some hotels will be able to provide the service as well. Visitors should therefore look at the Crédit Mutuel or Crédit Agricole.

Forms of Money Transfer

French banks will typically support a number of major forms of money transfer, including those by credit card. American Express, Diners Club, Mastercard and Visa are all common examples of credit cards which are accepted in this area, with Euro cheque cards also being accepted.

If you are considering using credit cards for your transfer then it is important that you check with your provider beforehand. This is because certain services may not be as readily available.

Travellers cheques, however, will not be accepted. This follows a 2002 decision by the Banque de France which saw them stop dealing in foreign currency. This will therefore not be a viable option for money transfer to France.

Regularity of Money Transfer

Some people will transfer money more often than others and therefore different levels of services may be required. Those looking to send money to France on a regular basis should seek the advice and services of brokers as this will help them attain the best exchange rate.

In order to do this, individuals simply need to open an account with a relevant broker. Following this they can transfer money to France regularly and can benefit from more competitive rates than they would be offered by high-street banks.

Speed of Money Transfer

As one of the major currencies, transferring money to France can be completed fairly quickly. This form of transfer can typically be completed within the same or next day, adding another benefit to the service.

Reasons for Money Transfer

The reasons to transfer currency to France are immaterial and whether it is to pay a mortgage, pay suppliers or import goods a foreign exchange broker can help manage the transfers.

Important Information for Visiting France

Electricity: two or three pin plugs are in use throughout France with three pins being the more common, and modern version. These deliver 220 volts of power.

Water: there is universal access to water supply across the country.

Shops: opening hours will vary but will typically be 0900hours to 1200hours and 1400hours to 1700hours Monday to Friday. Other establishments, such as banks, pharmacies and restaurants, will have different opening hours.

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