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SWIFT/BIC code PASCITM1703

PASCITM1703 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Vercelli, Italy.

PASCITM1703

Code details

SWIFT/BIC codePASCITM1703
8-character codePASCITM1
Branch code703
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchVercelli AG. 2
CityVercelli
CountryItaly

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.
703 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 PASCITM1703?

PASCITM1703 is the SWIFT/BIC code of Vercelli AG. 2, part of Banca Monte Dei Paschi di Siena S.P.A. in Vercelli, Italy. Use this branch code only when the account is held at this specific branch.

Can I use PASCITM1 instead of PASCITM1703?

PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1703 points to Vercelli AG. 2. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1703.

What do the letters in PASCITM1703 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 703 is the code of the branch Vercelli AG. 2.

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

Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.

Do I need PASCITM1703 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 PASCITM1703.

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

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

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