SWIFT/BIC code PASCITM196B
PASCITM196B belongs to Banca Monte Dei Paschi di Siena S.P.A. in Tarcento, Italy.
Code details
| SWIFT/BIC code | PASCITM196B |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | 96B |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Tarcento |
| City | Tarcento |
| Country | Italy |
The way 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.
- 96B 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 PASCITM196B?
PASCITM196B identifies Tarcento, part of Banca Monte Dei Paschi di Siena S.P.A. in Tarcento, Italy. Only use it if the account is held at this specific branch.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Do I need PASCITM196B to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need PASCITM196B.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Can I use PASCITM1 instead of PASCITM196B?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM196B is Tarcento. For a normal transfer the head office code is usually fine, yet use PASCITM196B if the recipient asks for it.
What do the letters in PASCITM196B mean?
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 96B identifies the branch Tarcento.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.