How To Write A French Cheque Amount In Words & Open Account
Opening a French Bank Account
As long as you have a French address, you are able to open a bank account here. The bank will require a form of identification (ie passport), and proof of address (normally a utility or telephone bill in your name). The different types of account options are much the same as other countries:
- Current Account – Compte Courant
- Savings Account – Compte Epargne
With a current account, you will normally receive a debit card (Carte Bancaire) and a checkbook (Chequier), and you will receive a monthly account statement (Releve de Compte).
It is normal in France to pay a monthly charge (frais) for your current account, charges are also made for any agreed overdraft facility (decouvert), regardless of whether you have used it or not. You will be charged interest while your account is in debit. If you have a Carte Bancaire, you may also be charged a small annual fee.
International Money Transfers
If you need to transfer money from abroad, a small levy will be charged per transaction by your French bank (Avis d’Operation), and it is normal for your foreign bank to also charge for sending the money in the first place. When transferring the money you are exposed to fluctuations in the exchange rate, and this can be costly. It is possible to protect your money by arranging a foreign exchange contract, such as that offered by Hifx, where you can agree on a rate for 1 or 2 years and arrange the transfer using direct debit.
Bills are normally paid by either cheque or direct debit (prelevement). To set up a prelevement, you will normally be asked for a RIB (Releve d’Identite Bancaire), which is a slip normally found in the back of your checkbook. This states your bank account identity details.
Writing a French Cheque
The amount in words goes at the top of the cheque (the opposite to the UK), underneath is written who the money needs to be paid to. The amount in numbers goes to the box on the right (as in the UK) but use commas instead of decimal points.
Underneath you need to write the name of the place (town, village) where the cheque was written, and enter the date underneath.
Your signature then goes underneath that. Cheque guarantee cards are not needed in France, as it is illegal to write a cheque if you do not have the funds to cover it in your account.
Banking Words in French
|The interest that has to be paid on a loan or overdraft
|An annual payment
|The deposit you need to give to the lender when taking out a loan or mortgage
|Credit to an account
|Assurance Deces Invalidite
|Death and invalidity insurance
|A receipt for any action on an account, i.e., a withdrawal
|Bank Identifier Code (BIC)
|The BIC is a unique code that identifies individual banking and financial institutions
|Cheque de banque
|Cheque sans provision
|A bounced cheque
|The unique password used online to access account information
|Commission de Compte debiteur
|An overdrawn account
|Compte de epargne
|The account receiving money
|An account that has had no activity for at least 12 months
|A joint account
|A holding account for stocks and shares whilst they are being bought and sold
|The value of a share at a specific moment
|Courtier en Bourse
|Loan or credit
|A Loan that remains constantly topped up to a certain limit even when some has been paid off
|Distributeur Automatique de Billets (DAB)
|A cash machine or ATM
|Date de valeur
|Date when a credit or debit is seen as valid by the bank
|The expiry date
|The actual date that a debit or credit is made
|Delayed debit = when all debits made on a credit card are grouped together and taken out of the account at the end of the month
|Immediate debit = any debits on a credit card are taken out of the account immediately
|Credit to an account
|Droits de garde
|The fees charged by a broker to look after shares
|Details of a loan i.e., repayments, interest, term
|The signature on the back of a cheque
|Facilite de caisse
|A short term overdraft used in exceptional circumstances
|The IBAN (International Bank Account Number) are letters and numbers that identify a specific bank account.
|Account or loan interest
|An individual who has been given authority by an account holder to operate their account
|Monthly payment or repayment
|Cancellation of payment
|A direct debit authorized by the account holder which comes out of the account automatically
|Power of attorney or proxy
|Commission on receipt of an international currency
|Redemption or repayment
|Automatic renewal of your checkbook
|Releve de compte
|Releve d’Identite Bancaire (RIB)
|A form, which can be found in the checkbook, which provides bank and account details
|Seizure of funds
|Schedule of monthly repayments
|Taux de change
|Annual percentage rate (APR)
|Titre Interbancaire de Paiement (TIP)
|Authorized permission to debit an account of the sum asked for by the provider
|Payment of funds into an account
|Transfer of funds into another account
How To Write A French Cheque In Euros
Now that you have learned common French terms for writing cheques and how to write the amount of a cheque in words, there is an easier way to translate English to French numbers when writing out a French cheque. By using the Euro-Cheque website, you can avoid any errors in translating and be sure that your written cheque matches the numerical amount.
Using Euro-Cheque Website for Translating English to French Numbers
Simply enter the amount you need to translate and the website will provide the exact French words for that number in written form. This can help you avoid any confusion or mistakes, especially if you are not fluent in French.
Remember, it is important to make sure the amount in words matches the numerical amount on the cheque before submitting it for payment. Using the Euro-Cheque website is just one of the many tools available to help you write a French cheque accurately and confidently.
Keep these tips in mind and you’ll be able to pay by cheque like a pro in France.
Matching Amounts and Writing French Cheques Correctly.
So, you’ve learned the ins and outs of writing a French cheque, from using the correct language to convert numbers to words. But one crucial step remains: ensuring that the amount you write in words matches the numerical amount in figures. This is a key part of writing a cheque correctly, as any discrepancies could cause confusion or even lead to the cheque being bounced.
To match the amounts correctly, first, write the amount in figures in the designated box on the right-hand side of the cheque. Then, write out the amount in words in the space provided below it. Be sure to use the correct syntax, following the French convention of placing the currency symbol (in this case, “€”) before the amount in words, followed by the word “euros.”
For example, if you are writing a cheque for 50 euros, you would write “€50” in the box on the right and “Cinquante euros” (meaning “fifty euros”) in the space below it. Make sure that both amounts match exactly, down to the last centime.
Additionally, be sure to double-check the spelling of the written-out amount, as errors or misspellings could cause issues when the cheque is processed. It may be helpful to use a French language tool or dictionary to ensure accuracy.
Tips for Paying By Cheque in France
If you’re planning on paying by cheque in France, there are a few things you should keep in mind to ensure a smooth transaction.
First and foremost, it’s important to remember that cheques are still widely used in France, so you’ll need to familiarize yourself with the process. Always write your cheque in the French language, and make sure to include the correct information such as the recipient’s name and the correct amount.
It’s also worth noting that cash is rarely used in France, so carrying around a chequebook is a good idea for everyday transactions. Cheques are considered like cash, so be sure to keep them in a safe and secure place.
When filling out your cheque, remember to write the amount in words at the top of the cheque (in French) followed by the recipient’s name underneath. You can use a conversion chart to help translate numbers into French words or use a website like euro-cheque.com to make the process even easier.
At The End
Finally, it’s worth noting that some merchants may not accept cheques, so it’s always a good idea to have an alternative payment method on hand just in case.
By following these tips, you can ensure that paying by cheque in France is a hassle-free experience. So be sure to keep these pointers in mind the next time you need to make payment in France.
By taking the time to match the amounts and write your cheque correctly, you can ensure a smooth and hassle-free transaction. Remember to always keep track of your chequebook and report any lost or stolen cheques to your bank immediately. Happy cheque-writing!