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SWIFT/BIC code PASCITM1691

PASCITM1691 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Torino, Italy.

PASCITM1691

Code details

SWIFT/BIC codePASCITM1691
8-character codePASCITM1
Branch code691
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchTorino AG. 24
CityTorino
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.
691 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 is behind BIC PASCITM1691?

The code PASCITM1691 belongs to Torino AG. 24, 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.?

Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.

What do the letters in PASCITM1691 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 691 identifies the branch Torino AG. 24.

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. Payments in other currencies can take 1–3 business days.

Do I need PASCITM1691 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1691.

What happens if I use PASCITM1691 with a typo?

The payment may be delayed, returned or charged extra fees. Double-check PASCITM1691 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.