SWIFT/BIC code PASCITM1518
PASCITM1518 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Cazzago San Martino, Italy.
Code details
| SWIFT/BIC code | PASCITM1518 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 518 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Cazzago S. Martino |
| City | Cazzago San Martino |
| Country | Italy |
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.
- 518 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 uses BIC PASCITM1518?
The code PASCITM1518 belongs to Cazzago S. Martino, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Cazzago San Martino, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I use PASCITM1518 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1518 with the recipient before sending.
What is the best 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. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1518?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1518 is Cazzago S. Martino. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1518.
What does each part of PASCITM1518 mean?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and 518 identifies the branch Cazzago S. Martino.
Do I need PASCITM1518 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need PASCITM1518.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.