SWIFT/BIC code PASCITM1002
PASCITM1002 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Mantova, Italy.
Code details
| SWIFT/BIC code | PASCITM1002 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 002 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Mantova AG. 2 |
| City | Mantova |
| Country | Italy |
The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PASC Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- 002 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 bank is behind SWIFT code PASCITM1002?
The code PASCITM1002 belongs to Mantova AG. 2, part of Banca Monte Dei Paschi di Siena S.P.A. in Mantova, Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
What happens if I use PASCITM1002 with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1002 with the recipient before sending.
What does each part of PASCITM1002 stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and 002 identifies the department Mantova AG. 2.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need PASCITM1002 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need PASCITM1002.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.