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SWIFT/BIC code PASCITM1425

PASCITM1425 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Bareggio, Italy.

PASCITM1425

Code details

SWIFT/BIC codePASCITM1425
8-character codePASCITM1
Branch code425
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchBareggio 1
CityBareggio
CountryItaly

How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is structured

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.
425 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

What bank is behind SWIFT/BIC code PASCITM1425?

The code PASCITM1425 belongs to Bareggio 1, part of Banca Monte Dei Paschi di Siena S.P.A. in Bareggio, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

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

Many banks add several percent 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.

What does each part of PASCITM1425 mean?

PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and 425 is the code of the branch Bareggio 1.

Do I need PASCITM1425 to send euros to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need PASCITM1425.

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?

SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.

What happens if I enter PASCITM1425 with a typo?

Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1425 with the recipient before sending.

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