SWIFT/BIC code PASCITM1124
PASCITM1124 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Rottofreno, Italy.
Code details
| SWIFT/BIC code | PASCITM1124 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 124 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Rottofreno |
| City | Rottofreno |
| Country | Italy |
The way 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.
- 124 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 branch is behind BIC PASCITM1124?
PASCITM1124 identifies Rottofreno, part of Banca Monte Dei Paschi di Siena S.P.A. in Rottofreno, Italy. Use this branch code only when the account is held at this specific branch.
What do the letters in PASCITM1124 mean?
PASC is the bank 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 124 identifies the department Rottofreno.
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. Check what you receive in Euro with transfer services before you send.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1124 for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1124.
Can I use PASCITM1 instead of PASCITM1124?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1124 points to Rottofreno. Most international transfers work with the head office code, yet use PASCITM1124 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.