SWIFT/BIC code PASCITM1803
PASCITM1803 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Grottaglie, Italy.
Code details
| SWIFT/BIC code | PASCITM1803 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 803 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Grottaglie AG. 1 |
| City | Grottaglie |
| Country | Italy |
How 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.
- 803 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
What bank is behind BIC PASCITM1803?
The code PASCITM1803 belongs to Grottaglie AG. 1, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Grottaglie, Italy. Use this branch code only when the account is held at this specific branch.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1803 to send euros 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 PASCITM1803.
Does Banca Monte Dei Paschi di Siena S.P.A. have more SWIFT/BIC codes?
Yes, our database contains 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.
Can I use PASCITM1 instead of PASCITM1803?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1803 is Grottaglie AG. 1. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1803.
What happens if I use PASCITM1803 with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1803 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.