SWIFT/BIC code PASCITM1037
PASCITM1037 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Castelmaggiore, Italy.
Code details
| SWIFT/BIC code | PASCITM1037 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 037 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Trebbo di Reno |
| City | Castelmaggiore |
| 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.
- 037 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/BIC code PASCITM1037?
The code PASCITM1037 belongs to Trebbo di Reno, part of Banca Monte Dei Paschi di Siena S.P.A. in Castelmaggiore, Italy. Only use it if the recipient or their bank explicitly asks for it.
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, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1037 to send euros to Italy?
Italy is part of 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 PASCITM1037.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.
What do the letters in PASCITM1037 stand for?
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 037 identifies the branch Trebbo di Reno.
Can I use PASCITM1 instead of PASCITM1037?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1037 is Trebbo di Reno. For a normal transfer the head office code is usually fine, yet use PASCITM1037 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.