SWIFT/BIC code PASCITM1121
PASCITM1121 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Sorbolo, Italy.
Code details
| SWIFT/BIC code | PASCITM1121 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 121 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Sorbolo |
| City | Sorbolo |
| 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.
- 121 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 PASCITM1121?
The code PASCITM1121 belongs to Sorbolo, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Sorbolo, Italy. Only use it if the account is held at this specific branch.
What do the letters in PASCITM1121 stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and 121 is the code of the department Sorbolo.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
Do I need PASCITM1121 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1121.
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 2–4 business days.
Can I use PASCITM1 instead of PASCITM1121?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1121 is Sorbolo. For a normal transfer the head office code is usually fine, yet use PASCITM1121 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.