SWIFT/BIC code PASCITM1062
PASCITM1062 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Reggio Nell'emilia, Italy.
Code details
| SWIFT/BIC code | PASCITM1062 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 062 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Reggio Emilia AG. 2 |
| City | Reggio Nell'emilia |
| 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.
- 062 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 PASCITM1062?
PASCITM1062 identifies Reggio Emilia AG. 2, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Reggio Nell'emilia, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I use PASCITM1062 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1062 with the recipient before sending.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Does Banca Monte Dei Paschi di Siena S.P.A. have more SWIFT/BIC codes?
Yes, our database contains 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Do I need PASCITM1062 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need PASCITM1062.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.