SWIFT/BIC code PASCITM1817
PASCITM1817 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Grottaglie, Italy.
Code details
| SWIFT/BIC code | PASCITM1817 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 817 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Grottaglie AG. 2 |
| City | Grottaglie |
| Country | Italy |
How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is built up
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.
- 817 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 SWIFT code PASCITM1817?
PASCITM1817 identifies Grottaglie AG. 2, part of Banca Monte Dei Paschi di Siena S.P.A. in Grottaglie, Italy. Only use it if the recipient or their bank explicitly asks for it.
Do I need PASCITM1817 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. For other currencies you do need PASCITM1817.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What happens if I enter PASCITM1817 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1817 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
What do the letters in PASCITM1817 stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and 817 is the code of the branch Grottaglie AG. 2.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.