SWIFT/BIC code PASCITM1020
PASCITM1020 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Carpenedolo, Italy.
Code details
| SWIFT/BIC code | PASCITM1020 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 020 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Carpenedolo |
| City | Carpenedolo |
| Country | Italy |
How 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.
- 020 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 branch uses SWIFT/BIC code PASCITM1020?
PASCITM1020 is the SWIFT/BIC code of Carpenedolo, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Carpenedolo, Italy. Use this branch code only when the account is held at this specific branch.
What does each part of PASCITM1020 mean?
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 020 is the code of the department Carpenedolo.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.
What happens if I enter PASCITM1020 with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1020 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Can I use PASCITM1 instead of PASCITM1020?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1020 points to Carpenedolo. For a normal transfer the head office code is usually fine, yet use PASCITM1020 if the recipient asks for it.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.