SWIFT/BIC code PASCITM154A
PASCITM154A belongs to Banca Monte Dei Paschi di Siena S.P.A. in Selvazzano Dentro, Italy.
Code details
| SWIFT/BIC code | PASCITM154A |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 54A |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Selvazzano Dentro |
| City | Selvazzano Dentro |
| 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.
- 54A 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 SWIFT code PASCITM154A?
The code PASCITM154A belongs to Selvazzano Dentro, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Selvazzano Dentro, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of PASCITM154A mean?
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 location code and 54A is the code of the branch Selvazzano Dentro.
Do I need PASCITM154A to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PASCITM154A.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Can I use PASCITM1 instead of PASCITM154A?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM154A points to Selvazzano Dentro. Most international transfers work with the head office code, yet use PASCITM154A if the recipient asks for it.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.