SWIFT/BIC code PASCITM1585
PASCITM1585 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Messina, Italy.
Code details
| SWIFT/BIC code | PASCITM1585 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 585 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Messina AG. 7 |
| City | Messina |
| 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.
- 585 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 BIC PASCITM1585?
The code PASCITM1585 belongs to Messina AG. 7, part of Banca Monte Dei Paschi di Siena S.P.A. in Messina, Italy. Only use it if the recipient or their bank explicitly asks for it.
Do I need PASCITM1585 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. If you send another currency you do need PASCITM1585.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 1–3 business days.
What happens if I use PASCITM1585 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1585 with the recipient before sending.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
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 – the difference can be large.
Can I use PASCITM1 instead of PASCITM1585?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1585 is Messina AG. 7. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1585.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.