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SWIFT/BIC code PASCITM1688

PASCITM1688 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Torino, Italy.

PASCITM1688

Code details

SWIFT/BIC codePASCITM1688
8-character codePASCITM1
Branch code688
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchTorino AG. 21
CityTorino
CountryItaly

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.
688 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 PASCITM1688?

PASCITM1688 is the SWIFT/BIC code of Torino AG. 21, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Torino, Italy. Use this branch code only when 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.?

Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.

What happens if I enter PASCITM1688 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check PASCITM1688 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.

Can I use PASCITM1 instead of PASCITM1688?

PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1688 points to Torino AG. 21. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1688.

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?

SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.

Do I need PASCITM1688 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 do need PASCITM1688.

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