SWIFT/BIC code PASCITM1159
PASCITM1159 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Cavriana, Italy.
Code details
| SWIFT/BIC code | PASCITM1159 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 159 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Cavriana |
| City | Cavriana |
| 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.
- 159 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 SWIFT code PASCITM1159?
PASCITM1159 is the SWIFT/BIC code of Cavriana, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Cavriana, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What do the letters in PASCITM1159 mean?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and 159 is the code of the branch Cavriana.
Can I use PASCITM1 instead of PASCITM1159?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1159 is Cavriana. Most international transfers work with the head office code, but use PASCITM1159 if the recipient asks for it.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need PASCITM1159 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need PASCITM1159.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.