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-   -   Sending money to France (https://www.fodors.com/community/europe/sending-money-to-france-973196/)

frenchdog10 Apr 5th, 2013 07:57 AM

Sending money to France
 
Hi everyone, I"m sorry if this has been covered but I couldn't find a solution via google.

I want to purchase an item in France the merchant has sent me a RIB (Relevé d'Identité Bancaire) with their hinformation but I can't figure out how to send money to them. I live in the US. So to transfer money how does this work?

StCirq Apr 5th, 2013 07:59 AM

A wire transfer (but this will be expensive - $25-$50) or an international bank draft in euros ($5-$10).

frenchdog10 Apr 5th, 2013 08:09 AM

Is that per $ amount or for the whole transaction?

Michael Apr 5th, 2013 08:12 AM

I use this http://www.xe.com/xetrade/ to regularly deposit money into my French account and have used it to pay large amounts to a roofer, but it requires setting up an account with the company like a bank account and might not be worth it for a single transaction unless it is a large amount of money.

frenchdog10 Apr 5th, 2013 08:16 AM

No this would be one time deal :/ The amount is less than $5000

Michael Apr 5th, 2013 08:22 AM

It does not cost anything to check their rates, and then you can decide if it is worth the trouble of getting an account.

frenchdog10 Apr 5th, 2013 08:28 AM

They want me to send two forms of ID.....ugh, can't I just check.

Michael Apr 5th, 2013 08:33 AM

Call them and ask.

Sarastro Apr 5th, 2013 08:48 AM

Like Michael, I also use XE. You can send an EFT directly into someone´s bank account with very little hassle and no fees. Setting up an XE account is relatively easy to do and payments are sent from your checking account to whomever you wish. I would call XE and ask for solutions.

There should be absolutely no requirement to send personal information with a bank transfer.

frenchdog10 Apr 5th, 2013 08:50 AM

I just applied online now they to call and verify with me those documents just to sign up and check.

Honestly "to check" in my definition mention just that....not signing up just to check.

StCirq Apr 5th, 2013 08:55 AM

Then call your bank and see if they do international drafts in euros. If they don't try another bank. When you get it, mail it to the merchant in France.

frenchdog10 Apr 5th, 2013 09:12 AM

Oh.....how long does it take to get verified by them? I told the merchant between 1-2 days.

I apologize for the curt response earlier just a pain, never did this before.

Underhill Apr 5th, 2013 10:29 AM

How are foreigners able to get a French bank account? One of my friends had to jump through hoops and was only allowed to get an account because she had investments in France.

Michael Apr 5th, 2013 11:52 AM

I had a joint account with my mother who had an account because my parents had a house built in France. Property and accounts transferred to me eventually.

But that is not the issue. One can send money directly to any account in France with the proper account information.

StCirq Apr 5th, 2013 01:36 PM

<<how long does it take to get verified by them?>>

I don't understand the question. How long does it take WHAT to get verified by WHOM? You go to the bank, say you want an international draft for X number of euros, pay the bank the U.S. dollar equivalent plus whatever fee they charge, they hand you an international draft, which looks like a check, you put it in an envelope and mail it to France.

Anyone can open a bank account in France. You need to have ID, some money, and be willing to fill out a form or two.

JAMH Apr 5th, 2013 02:00 PM

Why can't you just do a wire transfer from your bank?


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