SWIFT/BIC code PASCITM1122
PASCITM1122 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Piacenza, Italy.
Code details
| SWIFT/BIC code | PASCITM1122 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 122 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Piacenza - Cella |
| City | Piacenza |
| Country | Italy |
How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC works
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.
- 122 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
What bank uses BIC PASCITM1122?
PASCITM1122 is the SWIFT/BIC code of Piacenza - Cella, part of Banca Monte Dei Paschi di Siena S.P.A. in Piacenza, Italy. Only use it if the recipient or their bank explicitly asks for it.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need PASCITM1122 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need PASCITM1122.
What do the letters in PASCITM1122 mean?
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 122 identifies the department Piacenza - Cella.
What happens if I use PASCITM1122 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1122 with the recipient before you confirm.
Can I use PASCITM1 instead of PASCITM1122?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1122 points to Piacenza - Cella. Most international transfers work with the head office code, but use PASCITM1122 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.