Britline Newsletter February 2022

Newsletter February 2022

The French Ministère de l’économie has announced an increase in rates for savings starting this month. This impacts all instant access savings, so now is the perfect time to put some money on the side for a future project, while still keeping it available should you need it.

If you’re not sure about how savings work in France, you can give us a quick call, or have a look at our quick guide on our website.
See all savings accounts

Know Your Customer

You may receive a letter mentioning an important process called “KYC”. It stands for “Know Your Customer”, and helps us prevent criminals from accessing and using accounts. All that is required is to fill in the attached form so we can update details already held. Your information is of course confidential and will be held within our secure information system.

More information

Dan’s currency insights

We received this question from Peter, and here's what our currency expert had to say. "I’ve been using my bank in the UK to send money to my Britline account but want to look at whether there are any better alternatives. Any tips on what I should be looking for when I’m looking at other option?"

Click here to read Dan’s full answer on how to pick the best option when it comes to sending money to France.

Don’t hesitate to send us your currency questions at contact@britline.com!
 

An update on online payment safety

With online shopping becoming more and more popular in recent times, we wanted to draw attention to the multitude of fraudulent transactions that can occur online, and how we act to prevent them. Here’s what Sophie, one of our advisors, wanted to share: “European regulations have changed and you may have noticed new processes for online and at distance payments: Sécuripass & Sécuricode.

In addition to this, if a transaction is flagged up to our Sos Card fraud security they will now only send out a text message for validation or refusal. On the text message you have two options:
Press 1 if you are at the origin of the transaction and it will go through. If not, press 2 and the payment will be refused and the card blocked as your details have been compromised. You can then contact us to replace the card and check the account. If no reply is sent back the card will be blocked after 24 hours as a security measure. If you are unable to reply, please call the SOS card services on 09.69.39.92.91 available 24/7, with English speakers available.

*Free access by Internet (excluding fees charged by your service provider)
** Local costs apply when phoning within France from a fixed line. Check with your service provider when calling from abroad.

CAISSE REGIONALE DE CREDIT AGRICOLE MUTUEL DE NORMANDIE, Head Office : 15 esplanade Brillaud de Laujardière – CS 25014 – 14050 CAEN CEDEX 4 – Cooperative company with variable capital, registered as a credit company – 478 834 930 RCS Caen – Insurance brokerage company registered under matricule Nr 07 022 868. Inter-European VAT number: FR 83 478 834 930 CA Britline is controlled by l’Autorité de Contrôle Prudentiel et de Resolution : 61 rue Taitbout – 75436 Paris Cedex 09. CA Britline is a member of the Guarantee of Investors warranties and Guaranteed Fund for investors.
For UK based customers : CA Britline is deemed authorised and regulated by the Financial Conduct Authority. The nature and extent of consumer protections may differ from those for firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website.