SWIFT/BIC code PASCITM1127
PASCITM1127 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Bergamo, Italy.
Code details
| SWIFT/BIC code | PASCITM1127 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 127 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Bergamo AG. 2 |
| City | Bergamo |
| 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.
- 127 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 SWIFT code PASCITM1127?
PASCITM1127 identifies Bergamo AG. 2, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Bergamo, Italy. Use this branch code only when the account is held at this specific branch.
What does each part of PASCITM1127 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 127 identifies the branch Bergamo AG. 2.
Do I need PASCITM1127 for a euro transfer 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 PASCITM1127.
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. Payments in other currencies can take 1–3 business days.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
Can I use PASCITM1 instead of PASCITM1127?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1127 points to Bergamo AG. 2. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1127.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.