 Serving as the Honorary Consul of France at Trieste, he was decorated with the Legion d'Honneur in 1977.Freiherr von Banfield died in Trieste 23 September 1986, at the age of 96.As a memorial, the 1990 graduating year's class of the Theresa Military Academy in Wiener-Neustadt, the greater number of whom had begun their foundation military service in the year of Freiherr von Banfield's death, called itself the 'Banfield Class.'