SWIFT/BIC code PASCITM1416
PASCITM1416 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Rodano, Italy.
Code details
| SWIFT/BIC code | PASCITM1416 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 416 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Rodano |
| City | Rodano |
| Country | Italy |
How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC works
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.
- 416 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 SWIFT/BIC code PASCITM1416?
The code PASCITM1416 belongs to Rodano, part of Banca Monte Dei Paschi di Siena S.P.A. in Rodano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What do the letters in PASCITM1416 stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and 416 identifies the branch Rodano.
What happens if I use PASCITM1416 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1416 with the recipient before you confirm.
Does Banca Monte Dei Paschi di Siena S.P.A. have other SWIFT/BIC codes?
Yes, our database contains 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy. You can see them all on the bank page.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
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 – the difference can be large.
Do I need PASCITM1416 for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PASCITM1416.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.