SWIFT/BIC code PASCITM1605
PASCITM1605 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Altamura, Italy.
Code details
| SWIFT/BIC code | PASCITM1605 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 605 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Altamura AG. 2 |
| City | Altamura |
| Country | Italy |
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.
- 605 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 BIC PASCITM1605?
The code PASCITM1605 belongs to Altamura AG. 2, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Altamura, Italy. Only use it if the recipient or their bank explicitly asks for it.
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 what you receive in Euro with transfer services before you send.
Do I need PASCITM1605 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. For other currencies you do need PASCITM1605.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Can I use PASCITM1 instead of PASCITM1605?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1605 is Altamura AG. 2. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PASCITM1605.
What does each part of PASCITM1605 stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and 605 identifies the department Altamura AG. 2.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.