SWIFT/BIC code PASCITM1816
PASCITM1816 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Taranto, Italy.
Code details
| SWIFT/BIC code | PASCITM1816 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 816 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Taranto AG. 11 |
| City | Taranto |
| Country | Italy |
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.
- 816 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 PASCITM1816?
The code PASCITM1816 belongs to Taranto AG. 11, part of Banca Monte Dei Paschi di Siena S.P.A. in Taranto, Italy. Only use it if the account is held at this specific branch.
Does Banca Monte Dei Paschi di Siena S.P.A. have other SWIFT/BIC codes?
Yes, we list 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.
What do the letters in PASCITM1816 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 location code and 816 is the code of the branch Taranto AG. 11.
What happens if I use PASCITM1816 with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1816 with the recipient before sending.
Can I use PASCITM1 instead of PASCITM1816?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1816 is Taranto AG. 11. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1816.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add 1–3% 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.