SWIFT/BIC code PASCITM1553

PASCITM1553 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Ravanusa, Italy.

PASCITM1553

Code details

SWIFT/BIC codePASCITM1553
8-character codePASCITM1
Branch code553
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchRavanusa AG. 1
CityRavanusa
CountryItaly

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.
553 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 is behind SWIFT/BIC code PASCITM1553?

PASCITM1553 is the SWIFT/BIC code of Ravanusa AG. 1, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Ravanusa, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

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. Payments in other currencies can take 2–4 business days.

Do I need PASCITM1553 to send euros to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need PASCITM1553.

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 transfer services before you send.

Can I use PASCITM1 instead of PASCITM1553?

PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1553 is Ravanusa AG. 1. For a normal transfer the head office code is usually fine, yet use PASCITM1553 if the recipient asks for it.

What happens if I enter PASCITM1553 with a typo?

The payment may be delayed, returned or charged extra fees. Double-check PASCITM1553 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.

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