SWIFT/BIC code PASCITM1850
PASCITM1850 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Sorrento, Italy.
Code details
| SWIFT/BIC code | PASCITM1850 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 850 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Sorrento AG. 1 |
| City | Sorrento |
| 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.
- 850 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 uses SWIFT/BIC code PASCITM1850?
PASCITM1850 is the SWIFT/BIC code of Sorrento AG. 1, part of Banca Monte Dei Paschi di Siena S.P.A. in Sorrento, Italy. Use this branch code only when the account is held at this specific branch.
What do the letters in PASCITM1850 stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and 850 is the code of the branch Sorrento AG. 1.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What happens if I enter PASCITM1850 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1850 with the recipient before you confirm.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1850 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need PASCITM1850.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.