SWIFT/BIC code PASCITM1165
PASCITM1165 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Bologna, Italy.
Code details
| SWIFT/BIC code | PASCITM1165 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 165 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Bologna AG. 12 |
| City | Bologna |
| Country | Italy |
The way 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.
- 165 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 PASCITM1165?
PASCITM1165 identifies Bologna AG. 12, part of Banca Monte Dei Paschi di Siena S.P.A. in Bologna, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need PASCITM1165 to send euros to Italy?
Italy is part of 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 do need PASCITM1165.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Has Banca Monte Dei Paschi di Siena S.P.A. got more SWIFT/BIC codes?
Yes – we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy, for the head office and several branches or departments. All of them are listed on the page of Banca Monte Dei Paschi di Siena S.P.A..
What is the cheapest 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.
Can I use PASCITM1 instead of PASCITM1165?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1165 is Bologna AG. 12. Most international transfers work with the head office code, yet use PASCITM1165 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.