SWIFT/BIC code PASCITM1566
PASCITM1566 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Palermo, Italy.
Code details
| SWIFT/BIC code | PASCITM1566 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 566 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Palermo AG. 16 |
| City | Palermo |
| Country | Italy |
The way 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.
- 566 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 is behind SWIFT code PASCITM1566?
PASCITM1566 identifies Palermo AG. 16, part of Banca Monte Dei Paschi di Siena S.P.A. in Palermo, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.
What happens if I enter PASCITM1566 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1566 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need PASCITM1566 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 still need PASCITM1566.
Can I use PASCITM1 instead of PASCITM1566?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1566 is Palermo AG. 16. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1566.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.