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SWIFT/BIC code PASCITM147M

PASCITM147M belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.

PASCITM147M

Code details

SWIFT/BIC codePASCITM147M
8-character codePASCITM1
Branch code47M
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchMilano AG. 38
CityMilano
CountryItaly

How 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.
47M 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 BIC PASCITM147M?

PASCITM147M is the SWIFT/BIC code of Milano AG. 38, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy. Use this branch code only when the account is held at this specific branch.

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

SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.

Do I need PASCITM147M to send euros to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM147M.

Does Banca Monte Dei Paschi di Siena S.P.A. have more 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 do the letters in PASCITM147M 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 47M identifies the department Milano AG. 38.

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

Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.

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