SWIFT/BIC code PASCITM1301
PASCITM1301 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Reggio Nell'emilia, Italy.
Code details
| SWIFT/BIC code | PASCITM1301 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 301 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Reggio Emilia AG. 5 |
| City | Reggio Nell'emilia |
| 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.
- 301 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 uses SWIFT/BIC code PASCITM1301?
PASCITM1301 identifies Reggio Emilia AG. 5, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Reggio Nell'emilia, Italy. Only use it if the account is held at this specific branch.
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. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Does Banca Monte Dei Paschi di Siena S.P.A. have other SWIFT/BIC codes?
Yes – we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy. All of them are listed on the page of Banca Monte Dei Paschi di Siena S.P.A..
What does each part of PASCITM1301 mean?
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 301 is the code of the branch Reggio Emilia AG. 5.
Do I need PASCITM1301 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1301.
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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.