SWIFT/BIC code PASCITM1AV5
PASCITM1AV5 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Avellino, Italy.
Code details
| SWIFT/BIC code | PASCITM1AV5 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | AV5 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Avellino AG. 1 |
| City | Avellino |
| Country | Italy |
How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is built up
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.
- AV5 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 BIC PASCITM1AV5?
PASCITM1AV5 is the SWIFT/BIC code of Avellino AG. 1, part of Banca Monte Dei Paschi di Siena S.P.A. in Avellino, Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
What do the letters in PASCITM1AV5 stand for?
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 code for the city or region and AV5 identifies the branch Avellino AG. 1.
Can I use PASCITM1 instead of PASCITM1AV5?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1AV5 is Avellino AG. 1. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1AV5.
What happens if I enter PASCITM1AV5 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1AV5 with the recipient before you confirm.
Do I need PASCITM1AV5 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PASCITM1AV5.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.