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SWIFT/BIC code PASCITM1A09

PASCITM1A09 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Offida, Italy.

PASCITM1A09

Code details

SWIFT/BIC codePASCITM1A09
8-character codePASCITM1
Branch codeA09
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchOffida
CityOffida
CountryItaly

The way 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.
A09 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 branch is behind SWIFT/BIC code PASCITM1A09?

PASCITM1A09 is the SWIFT/BIC code of Offida, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Offida, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What does each part of PASCITM1A09 stand for?

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 A09 identifies the branch Offida.

How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.

Do I need PASCITM1A09 for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1A09.

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.

Can I use PASCITM1 instead of PASCITM1A09?

PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1A09 points to Offida. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1A09.

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