SWIFT/BIC code PASCITM1461
PASCITM1461 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Faenza, Italy.
Code details
| SWIFT/BIC code | PASCITM1461 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 461 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Faenza AG. 2 |
| City | Faenza |
| 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.
- 461 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 code PASCITM1461?
PASCITM1461 identifies Faenza AG. 2, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Faenza, Italy. Only use it if the recipient or their bank explicitly asks for it.
Can I use PASCITM1 instead of PASCITM1461?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1461 points to Faenza AG. 2. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1461.
Do I need PASCITM1461 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you do need PASCITM1461.
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. Transfers in other currencies can take 1–3 business days.
What happens if I enter PASCITM1461 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1461 with the recipient before sending.
What do the letters in PASCITM1461 stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the code for the city or region and 461 is the code of the branch Faenza AG. 2.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.