SWIFT/BIC code POSOMCM1XXX
POSOMCM1XXX belongs to Banca Popolare di Sondrio (Suisse) SA in Monaco, Monaco.
Code details
| SWIFT/BIC code | POSOMCM1XXX |
|---|---|
| 8-character code | POSOMCM1 |
| Branch code | XXX |
| Bank | Banca Popolare di Sondrio (Suisse) SA |
| Branch | Head office |
| City | Monaco |
| Country | Monaco |
How the Banca Popolare di Sondrio (Suisse) SA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- POSO Bank code
- 4 letters that identify the bank.
- MC Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution is behind SWIFT code POSOMCM1XXX?
POSOMCM1XXX identifies the main office of Banca Popolare di Sondrio (Suisse) SA in Monaco, Monaco. Use it when a payment to Banca Popolare di Sondrio (Suisse) SA does not need a specific branch.
Are POSOMCM1 and POSOMCM1XXX the same SWIFT code?
Yes, they are. POSOMCM1 is the short version of POSOMCM1XXX. XXX simply refers to the head office, so either version will reach Banca Popolare di Sondrio (Suisse) SA in Monaco.
How long does a transfer to Banca Popolare di Sondrio (Suisse) SA take in Monaco?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need POSOMCM1XXX to send euros to Monaco?
Monaco belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need POSOMCM1XXX.
What does each part of POSOMCM1XXX mean?
POSO is the bank code of Banca Popolare di Sondrio (Suisse) SA, MC is the ISO code of Monaco, M1 is the code for the city or region and XXX means the main office.
What is the cheapest way to send money to Banca Popolare di Sondrio (Suisse) SA in Monaco?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.