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SWIFT/BIC code PASCITM1616

PASCITM1616 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Brescia, Italy.

PASCITM1616

Code details

SWIFT/BIC codePASCITM1616
8-character codePASCITM1
Branch code616
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchBrescia AG. 16
CityBrescia
CountryItaly

The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is built up

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.
616 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 branch is behind BIC PASCITM1616?

PASCITM1616 is the SWIFT/BIC code of Brescia AG. 16, part of Banca Monte Dei Paschi di Siena S.P.A. in Brescia, Italy. Use this branch code only when the account is held at this specific branch.

What happens if I use PASCITM1616 with a typo?

The payment may be delayed, returned or charged extra fees. Double-check PASCITM1616 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.

What do the letters in PASCITM1616 mean?

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 616 identifies the department Brescia AG. 16.

Can I use PASCITM1 instead of PASCITM1616?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1616 points to Brescia AG. 16. For a normal transfer the head office code is usually fine, but use PASCITM1616 if the recipient asks for it.

Do I need PASCITM1616 for a euro transfer to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need PASCITM1616.

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. 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.