SWIFT Code PAATSES1 — PAN CAPITAL AKTIEBOLAG, STOCKHOLM

About SWIFT Code PAATSES1 — PAN CAPITAL AKTIEBOLAG, STOCKHOLM

SWIFT code PAATSES1 is the official 8-character head-office BIC (Bank Identifier Code) for PAN CAPITAL AKTIEBOLAG in STOCKHOLM, Sweden. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by PAN CAPITAL AKTIEBOLAG for all outward international remittances from STOCKHOLM. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code PAATSES1

The code PAATSES1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code PAATSES1

Receiving International Wire Transfers

To receive money from abroad at your PAN CAPITAL AKTIEBOLAG account in STOCKHOLM, share SWIFT code PAATSES1 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at PAN CAPITAL AKTIEBOLAG, STOCKHOLM must provide SWIFT code PAATSES1. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using PAN CAPITAL AKTIEBOLAG in STOCKHOLM rely on SWIFT code PAATSES1 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for PAN CAPITAL AKTIEBOLAG →

For cheque clearing or NACH mandates, use the MICR code for PAN CAPITAL AKTIEBOLAG →

For TDS challan deposits, find the BSR code for PAN CAPITAL AKTIEBOLAG →

How SWIFT Code PAATSES1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code PAATSES1 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to PAN CAPITAL AKTIEBOLAG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: PAN CAPITAL AKTIEBOLAG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PAATSES1

• Spaces or lowercase letters — Always enter PAATSES1 uppercase with no spaces.
• Using the wrong city — This code is for STOCKHOLM only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Sweden.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm PAATSES1 directly with PAN CAPITAL AKTIEBOLAG's STOCKHOLM branch or via the SWIFT BIC Directory.