SWIFT/BIC code PASCITM1198
PASCITM1198 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Sasso Marconi, Italy.
Code details
| SWIFT/BIC code | PASCITM1198 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 198 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Sasso Marconi |
| City | Sasso Marconi |
| Country | Italy |
How 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.
- 198 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 is behind SWIFT code PASCITM1198?
PASCITM1198 identifies Sasso Marconi, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Sasso Marconi, Italy. Use this branch code only when the account is held at this specific branch.
What do the letters in PASCITM1198 stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and 198 identifies the department Sasso Marconi.
Do I need PASCITM1198 to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. For other currencies you do need PASCITM1198.
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, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Can I use PASCITM1 instead of PASCITM1198?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1198 is Sasso Marconi. For a normal transfer the head office code is usually fine, but use PASCITM1198 if the recipient asks for it.
What happens if I enter PASCITM1198 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1198 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.