SWIFT/BIC code PASCITM1545
PASCITM1545 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Piazza Armerina, Italy.
Code details
| SWIFT/BIC code | PASCITM1545 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 545 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Piazza Armerina AG. 1 |
| City | Piazza Armerina |
| Country | Italy |
The way 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.
- 545 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 uses SWIFT/BIC code PASCITM1545?
The code PASCITM1545 belongs to Piazza Armerina AG. 1, part of Banca Monte Dei Paschi di Siena S.P.A. in Piazza Armerina, Italy. Use this branch code only when the account is held at this specific branch.
Can I use PASCITM1 instead of PASCITM1545?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1545 is Piazza Armerina AG. 1. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1545.
What do the letters in PASCITM1545 stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and 545 is the code of the branch Piazza Armerina AG. 1.
Do I need PASCITM1545 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 PASCITM1545.
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. Transfers in other currencies can take 1–3 business days.
What happens if I use PASCITM1545 with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1545 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.