SWIFT/BIC code PASCITM1361
PASCITM1361 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Casalecchio di Reno, Italy.
Code details
| SWIFT/BIC code | PASCITM1361 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 361 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Casalecchio di Reno |
| City | Casalecchio di Reno |
| 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.
- 361 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 uses SWIFT/BIC code PASCITM1361?
PASCITM1361 is the SWIFT/BIC code of Casalecchio di Reno, part of Banca Monte Dei Paschi di Siena S.P.A. in Casalecchio di Reno, Italy. Only use it if the recipient or their bank explicitly asks for it.
What do the letters in PASCITM1361 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 361 identifies the branch Casalecchio di Reno.
Do I need PASCITM1361 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need PASCITM1361.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Many banks add several percent 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 PASCITM1361?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1361 is Casalecchio di Reno. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1361.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.