SWIFT/BIC code PASCITM1550
PASCITM1550 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Agrigento, Italy.
Code details
| SWIFT/BIC code | PASCITM1550 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 550 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Agrigento AG. 2 |
| City | Agrigento |
| 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.
- 550 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 is behind BIC PASCITM1550?
PASCITM1550 is the SWIFT/BIC code of Agrigento AG. 2, part of Banca Monte Dei Paschi di Siena S.P.A. in Agrigento, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need PASCITM1550 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. If you send another currency you still need PASCITM1550.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Can I use PASCITM1 instead of PASCITM1550?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1550 points to Agrigento AG. 2. Most international transfers work with the head office code, yet use PASCITM1550 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?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.
What does each part of PASCITM1550 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 550 is the code of the department Agrigento AG. 2.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.