SWIFT/BIC code PASCITM1572
PASCITM1572 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Marsala, Italy.
Code details
| SWIFT/BIC code | PASCITM1572 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 572 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Marsala AG. 1 |
| City | Marsala |
| 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.
- 572 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 code PASCITM1572?
The code PASCITM1572 belongs to Marsala AG. 1, part of Banca Monte Dei Paschi di Siena S.P.A. in Marsala, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need PASCITM1572 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1572.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 1–3 business days.
What does each part of PASCITM1572 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 572 identifies the branch Marsala AG. 1.
Can I use PASCITM1 instead of PASCITM1572?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1572 points to Marsala AG. 1. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1572.
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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.