SWIFT/BIC code PASCITM1705
PASCITM1705 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Novara, Italy.
Code details
| SWIFT/BIC code | PASCITM1705 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 705 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Novara AG. 1 |
| City | Novara |
| Country | Italy |
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.
- 705 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 uses SWIFT/BIC code PASCITM1705?
PASCITM1705 is the SWIFT/BIC code of Novara AG. 1, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Novara, Italy. Use this branch code only when the account is held at this specific branch.
What happens if I use PASCITM1705 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1705 with the recipient before sending.
Can I use PASCITM1 instead of PASCITM1705?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1705 is Novara AG. 1. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1705.
What do the letters in PASCITM1705 stand for?
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 code for the city or region and 705 identifies the branch Novara AG. 1.
Has Banca Monte Dei Paschi di Siena S.P.A. got other SWIFT/BIC codes?
Yes – we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy. You can see them all on the bank page.
Do I need PASCITM1705 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need PASCITM1705.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.