SWIFT/BIC code PASCITM1AG5

PASCITM1AG5 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Grotte, Italy.

PASCITM1AG5

Code details

SWIFT/BIC codePASCITM1AG5
8-character codePASCITM1
Branch codeAG5
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityGrotte
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.
AG5 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 bank uses BIC PASCITM1AG5?

The code PASCITM1AG5 belongs to Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Grotte, Italy. Use this branch code only when the account is held at this specific branch.

What happens if I enter PASCITM1AG5 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check PASCITM1AG5 with the recipient before sending.

Do I need PASCITM1AG5 to send euros to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1AG5.

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

SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.

Does Banca Monte Dei Paschi di Siena S.P.A. have other SWIFT/BIC codes?

Yes – our database contains 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.

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

Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.

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