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SWIFT/BIC code PASCITM1642

PASCITM1642 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.

PASCITM1642

Code details

SWIFT/BIC codePASCITM1642
8-character codePASCITM1
Branch code642
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchMilano AG. 69
CityMilano
CountryItaly

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.
642 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 SWIFT code PASCITM1642?

PASCITM1642 is the SWIFT/BIC code of Milano AG. 69, part of Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy. Only use it if the account is held at this specific branch.

What do the letters in PASCITM1642 mean?

PASC is the bank 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 642 identifies the branch Milano AG. 69.

How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?

SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.

Do I need PASCITM1642 to send euros to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need PASCITM1642.

What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?

Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.

What happens if I use PASCITM1642 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check PASCITM1642 with the recipient before you confirm.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.