SWIFT/BIC code PASCITM1AVR

PASCITM1AVR belongs to Banca Monte Dei Paschi di Siena S.P.A. in Ariano Irpino, Italy.

PASCITM1AVR

Code details

SWIFT/BIC codePASCITM1AVR
8-character codePASCITM1
Branch codeAVR
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityAriano Irpino
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.
AVR 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/BIC code PASCITM1AVR?

PASCITM1AVR identifies Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Ariano Irpino, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

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.

Can I use PASCITM1 instead of PASCITM1AVR?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1AVR is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1AVR.

What does each part of PASCITM1AVR stand for?

PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and AVR is the code of the department Banca Monte Dei Paschi di Siena S.P.A..

Do I need PASCITM1AVR for a euro transfer 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 PASCITM1AVR.

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. Payments in other currencies can take 1–3 business days.

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