SWIFT/BIC code PASCITM1253
PASCITM1253 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Maranello, Italy.
Code details
| SWIFT/BIC code | PASCITM1253 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 253 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Maranello |
| City | Maranello |
| 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.
- 253 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 BIC PASCITM1253?
The code PASCITM1253 belongs to Maranello, part of Banca Monte Dei Paschi di Siena S.P.A. in Maranello, Italy. Only use it if the recipient or their bank explicitly asks for it.
What do the letters in PASCITM1253 stand for?
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 253 is the code of the department Maranello.
Can I use PASCITM1 instead of PASCITM1253?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1253 points to Maranello. Most international transfers work with the head office code, but use PASCITM1253 if the recipient asks for it.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1253 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need PASCITM1253.
What is the cheapest 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. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.