SWIFT/BIC code PASCITM101B
PASCITM101B belongs to Banca Monte Dei Paschi di Siena S.P.A. in Sedico, Italy.
Code details
| SWIFT/BIC code | PASCITM101B |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 01B |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Sedico |
| City | Sedico |
| Country | Italy |
How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is structured
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.
- 01B 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 BIC PASCITM101B?
PASCITM101B identifies Sedico, part of Banca Monte Dei Paschi di Siena S.P.A. in Sedico, Italy. Use this branch code only when the account is held at this specific branch.
What do the letters in PASCITM101B stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the code for the city or region and 01B is the code of the branch Sedico.
Can I use PASCITM1 instead of PASCITM101B?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM101B is Sedico. For a normal transfer the head office code is usually fine, but use PASCITM101B if the recipient asks for it.
Do I need PASCITM101B for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM101B.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
What happens if I enter PASCITM101B incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM101B with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.