Call Us + 33 1 84 88 31 00

Contact
Get In Touch

Call Us + 33 1 84 88 31 00

Contact
Edit Content
Edit Content

Regulatory part

Make An Appointment

Article R221-2 of the French Monetary and Financial Code

November 6, 2023

The ceiling provided for in article L. 221-4 is set at 22,950 euros for natural persons and 76,500 euros for associations and co-ownership associations mentioned in the first paragraph of article L. 221-3. For co-ownership associations with more than one hundred residential, office or commercial lots, this ceiling is raised to 100,000 euros. The capitalisation of interest may take the Livret A balance above this limit. Low-income housing associations are…

Read More »

Article R221-2-1 of the French Monetary and Financial Code

November 6, 2023

When a condominium association applies for the increased ceiling mentioned in the first paragraph of article R. 221-2, it must submit the summary sheet mentioned inarticle 1 of decree no. 2016-1822 of 21 December 2016 setting out the content of the summary sheet for condominiums provided for inarticle 8-2 of the law of 10 July 1965 establishing the status of condominiums in built-up areas, along with its application to the…

Read More »

Article R221-3 of the French Monetary and Financial Code

November 6, 2023

No transaction may result in the account being in debit. The minimum amount for individual cash withdrawals or deposits on a Livret A passbook account is set at 10 euros. The amount referred to in the previous paragraph is set at 1.5 euros for Livret A passbook accounts opened with the credit institution referred to in Article L. 518-25-1.

Read More »

Article R221-4 of the French Monetary and Financial Code

November 6, 2023

The interest paid to depositors on Livret A savings accounts is set by order of the Minister for the Economy. Interest paid to depositors starts on the 1st or 16th of each month after the day of deposit. It ceases to accrue at the end of the fortnight preceding the day of repayment. On 31 December of each year, the interest earned is added to the capital and itself becomes…

Read More »

Article R221-5 of the French Monetary and Financial Code

November 6, 2023

I. – Unless otherwise stipulated in this chapter, deposits, withdrawals and transfers between the Livret A passbook account and the holder’s current account are carried out in accordance with the general regulations applicable to passbook accounts. II. – An order by the Minister for the Economy sets out the list of transactions that credit institutions may authorise, in addition to the transactions mentioned in I, from or to the same…

Read More »

Article R221-8 of the French Monetary and Financial Code

November 6, 2023

For the purposes of the first paragraph ofArticle L. 221-6, Caisse des Dépôts et Consignations shall pay each credit institution, in respect of the amounts centralised under the first paragraph ofArticle L. 221-5, an interest rate increased in accordance with the terms and conditions defined in Article 6 of Decree 2011-275 of 16 March 2011 relating to the remuneration of networks collecting Livret A and Livret de Développement Durable passbook…

Read More »

Article R221-8-1 of the French Monetary and Financial Code

November 6, 2023

The additional remuneration provided for in the second paragraph of article L. 221-6 is calculated in such a way as to ensure that the credit institution referred to in article L. 518-25-1 is proportionately compensated for the general economic interest service missions conferred on this institution pursuant to this section. The annual amount of this additional remuneration is set by order of the Minister for the Economy.

Read More »

Article R221-9 of the French Monetary and Financial Code

November 6, 2023

I.-Resources collected by institutions distributing the Livret A or the Livret de développement durable et solidaire and not centralised pursuant to the third paragraph of article L. 221-5 are allocated : 1° To finance the cash flow and investment needs of businesses that meet the criteria set out in European Commission Recommendation 2003/361/EC of 6 May 2003 defining micro, small and medium-sized enterprises; 2° To finance projects by legal entities…

Read More »

Contact a French lawyer now

Contact a French Business Lawyer

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.

Do you need French-law advice?
Contact our Lawyers in France.

Call + 33 1 84 88 31 00.

Our attorneys will contact you promptly within 24h. All information exchanged through this website will be communicated to attorneys only, and will remain confidential.

We Solve Legal & Tax Issues in France

is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396

French Business Law
French Business Lawyers
Resources
Contacts
Linkedin

is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396

French Business Law
French Business Lawyers

Resources 

Contacts
Linkedin

is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396

Contacts
Linkedin
French Business Law
French Business Lawyers

Useful links

Copyright @ 2024 French-Business-Law All Rights Reserved

Useful links

Call Us:
+ 33 1 84 88 31 00

Follow us:

Facebook Linkedin

You have a question in French Business Law?

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.

All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.