SWIFT/BIC code PASCITM1106
PASCITM1106 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | PASCITM1106 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 106 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Milano AG. 33 |
| 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.
- 106 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 PASCITM1106?
The code PASCITM1106 belongs to Milano AG. 33, part of Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy. Use this branch code only when the account is held at this specific branch.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1106 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need PASCITM1106.
What is the best 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. Compare what you receive in Euro with specialist providers before you send.
What do the letters in PASCITM1106 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 106 identifies the branch Milano AG. 33.
Can I use PASCITM1 instead of PASCITM1106?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1106 is Milano AG. 33. Most international transfers work with the head office code, but use PASCITM1106 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.