SWIFT/BIC code PASCITM1583
PASCITM1583 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Petrosino, Italy.
Code details
| SWIFT/BIC code | PASCITM1583 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 583 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Petrosino |
| City | Petrosino |
| 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.
- 583 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/BIC code PASCITM1583?
PASCITM1583 identifies Petrosino, part of Banca Monte Dei Paschi di Siena S.P.A. in Petrosino, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I enter PASCITM1583 with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1583 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Can I use PASCITM1 instead of PASCITM1583?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1583 points to Petrosino. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1583.
Do I need PASCITM1583 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need PASCITM1583.
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.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.