SWIFT/BIC code PASCITM1105
PASCITM1105 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | PASCITM1105 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 105 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Milano AG. 32 |
| City | Milano |
| 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.
- 105 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 PASCITM1105?
PASCITM1105 is the SWIFT/BIC code of Milano AG. 32, part of Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy. Only use it if the account is held at this specific branch.
What does each part of PASCITM1105 mean?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and 105 is the code of the department Milano AG. 32.
Can I use PASCITM1 instead of PASCITM1105?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1105 points to Milano AG. 32. For a normal transfer the head office code is usually fine, yet use PASCITM1105 if the recipient asks for it.
Do I need PASCITM1105 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need PASCITM1105.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add several percent 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.