SWIFT/BIC code PASCITM1068
PASCITM1068 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Pozzolengo, Italy.
Code details
| SWIFT/BIC code | PASCITM1068 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 068 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Pozzolengo |
| City | Pozzolengo |
| Country | Italy |
The way 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.
- 068 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 uses SWIFT/BIC code PASCITM1068?
The code PASCITM1068 belongs to Pozzolengo, part of Banca Monte Dei Paschi di Siena S.P.A. in Pozzolengo, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of PASCITM1068 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 068 is the code of the department Pozzolengo.
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. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1068 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PASCITM1068.
Can I use PASCITM1 instead of PASCITM1068?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1068 points to Pozzolengo. For a normal transfer the head office code is usually fine, yet use PASCITM1068 if the recipient asks for it.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.