SWIFT/BIC code PASCITM12VE

PASCITM12VE belongs to Banca Monte Dei Paschi di Siena S.P.A. in Venezia, Italy.

PASCITM12VE

Code details

SWIFT/BIC codePASCITM12VE
8-character codePASCITM1
Branch code2VE
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchVenezia - AG. 2
CityVenezia
CountryItaly

The way 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.
2VE 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 bank is behind BIC PASCITM12VE?

The code PASCITM12VE belongs to Venezia - AG. 2, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Venezia, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What happens if I enter PASCITM12VE incorrectly?

The payment may be delayed, returned or charged extra fees. Always check PASCITM12VE with the recipient before you confirm.

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. Payments in other currencies can take 1–3 business days.

Do I need PASCITM12VE for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PASCITM12VE.

What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?

Many banks 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.

Can I use PASCITM1 instead of PASCITM12VE?

PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM12VE is Venezia - AG. 2. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM12VE.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.