SWIFT/BIC code PASCITM1A56
PASCITM1A56 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy.
Code details
| SWIFT/BIC code | PASCITM1A56 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | A56 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Roma AG. 100 |
| City | Roma |
| Country | Italy |
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.
- A56 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 uses BIC PASCITM1A56?
PASCITM1A56 identifies Roma AG. 100, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy. Only use it if the recipient or their bank explicitly asks for it.
What do the letters in PASCITM1A56 mean?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and A56 is the code of the department Roma AG. 100.
Can I use PASCITM1 instead of PASCITM1A56?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1A56 is Roma AG. 100. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1A56.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1A56 to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1A56.
What happens if I enter PASCITM1A56 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1A56 with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.