SWIFT/BIC code PASCITM1842
PASCITM1842 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Brolo, Italy.
Code details
| SWIFT/BIC code | PASCITM1842 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 842 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Brolo |
| City | Brolo |
| 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.
- 842 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/BIC code PASCITM1842?
The code PASCITM1842 belongs to Brolo, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Brolo, Italy. Only use it if the account is held at this specific branch.
What do the letters in PASCITM1842 stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and 842 identifies the branch Brolo.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1842?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1842 is Brolo. For a normal transfer the head office code is usually fine, yet use PASCITM1842 if the recipient asks for it.
Do I need PASCITM1842 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need PASCITM1842.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.