SWIFT/BIC code PASCITM1345
PASCITM1345 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Budrio, Italy.
Code details
| SWIFT/BIC code | PASCITM1345 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 345 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Budrio AG. 1 |
| City | Budrio |
| Country | Italy |
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.
- 345 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 SWIFT/BIC code PASCITM1345?
PASCITM1345 is the SWIFT/BIC code of Budrio AG. 1, part of Banca Monte Dei Paschi di Siena S.P.A. in Budrio, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need PASCITM1345 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 PASCITM1345.
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. Payments in other currencies can take 1–3 business days.
What do the letters in PASCITM1345 mean?
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 345 is the code of the branch Budrio AG. 1.
Can I use PASCITM1 instead of PASCITM1345?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1345 is Budrio AG. 1. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1345.
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 what you receive in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.