Not Receiving Pension Payment via SWIFT banking system

Hi all,

According to L’ Assurance Retraite my pension payment was paid on the 9/9/26, however I have still not received it. This will be my first payment. I reside outside Europe and my bank operates on the SWIFT system. Has anyone else encountered a problem with receiving their French pension via the SWIFT banking network? If so, what was the issue? What was the resolution?

I know I can create a Wise account, for example, but I was hoping to keep it simple by having the funds transferred directly into my day-to-day bank account. On top of that, now this first payment seems to have disappeared into cyber space!

Appreciate any advice or suggestions.

Was this a payment into a sterling account, Paul? If so, yes, people on this forum certainly have had problems. Although I think the issue was getting Carsat to agree to pay into a sterling account in the first place.
I seem to remember @Debby_Wade got round the problem by opening a Wise account, presumably with a euros “wallet”.

I opened a Sterling a/c first and then asked them for a Euro a/c. Neither me or OH has had a problem with getting pensions payed by CARSAT into them, it’s much easier for them.

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Cant help

Okay I have my answer. Coincidentally, just today I received a letter by post from them regarding payment. In my case they are using a 3rd party transfer platform called RIA Money Transfer. My funds are there. No need any further assistance. Thanks

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Hurrah!

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While we are here, does anyone know what all these acronyms actually mean?
I have Carsept and ARRCO, the latter makes me think of a farmer in Devon with a straw in his mouth. :roll_eyes:

CARSAT = Caisse d’Assurance Retraite et de la Santé au Travail

CARCEPT (not Carsept) = Caisse Autonome de Retraite Complémentaire et de Prévoyance du Transport

ARRCO = Association pour le Régime de Retraite Complémentaire des Salariés

Astounding, but thanks for the effort, I knew Carcept was connected to the transport industry, ARRCO came in to my sights a bit later and now they seem to be one and the same. But as long as they keep paying out I am happy. :grinning_face: