SWIFT/BIC code PASCITM1031
PASCITM1031 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Ceresara, Italy.
Code details
| SWIFT/BIC code | PASCITM1031 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 031 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Ceresara |
| City | Ceresara |
| Country | Italy |
How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is built up
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.
- 031 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 is behind SWIFT code PASCITM1031?
PASCITM1031 identifies Ceresara, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Ceresara, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of PASCITM1031 mean?
PASC is the institution 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 031 is the code of the branch Ceresara.
What happens if I use PASCITM1031 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1031 with the recipient before sending.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Can I use PASCITM1 instead of PASCITM1031?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1031 is Ceresara. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1031.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.