SWIFT/BIC code PASCITM1AV1
PASCITM1AV1 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Montemarano, Italy.
Code details
| SWIFT/BIC code | PASCITM1AV1 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | AV1 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Montemarano |
| Country | Italy |
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.
- AV1 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 code PASCITM1AV1?
PASCITM1AV1 identifies Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Montemarano, Italy. Only use it if the account is held at this specific branch.
Can I use PASCITM1 instead of PASCITM1AV1?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1AV1 points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1AV1.
Do I need PASCITM1AV1 to send euros 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 PASCITM1AV1.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one 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 more SWIFT/BIC codes?
Yes – our database contains 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy. You can see them all on the bank page.
What do the letters in PASCITM1AV1 stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and AV1 is the code of the department Banca Monte Dei Paschi di Siena S.P.A..
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.