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SWIFT/BIC code PASCITM1A05

PASCITM1A05 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Senigallia, Italy.

PASCITM1A05

Code details

SWIFT/BIC codePASCITM1A05
8-character codePASCITM1
Branch codeA05
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchSenigallia
CitySenigallia
CountryItaly

How 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.
A05 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 PASCITM1A05?

PASCITM1A05 is the SWIFT/BIC code of Senigallia, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Senigallia, Italy. Only use it if the recipient or their bank explicitly asks for it.

What happens if I use PASCITM1A05 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check PASCITM1A05 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.

What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?

Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.

What does each part of PASCITM1A05 mean?

PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and A05 is the code of the department Senigallia.

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?

SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 1–3 business days.

Do I need PASCITM1A05 for a euro transfer to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need PASCITM1A05.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.