SWIFT/BIC code PASCITM1209
PASCITM1209 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Padova, Italy.
Code details
| SWIFT/BIC code | PASCITM1209 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 209 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Padova - AG. 34 |
| City | Padova |
| 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.
- 209 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 PASCITM1209?
PASCITM1209 identifies Padova - AG. 34, part of Banca Monte Dei Paschi di Siena S.P.A. in Padova, Italy. Only use it if the account is held at this specific branch.
What do the letters in PASCITM1209 stand for?
PASC is the institution 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 209 is the code of the department Padova - AG. 34.
Do I need PASCITM1209 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need PASCITM1209.
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, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
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. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1209?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1209 is Padova - AG. 34. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1209.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.