SWIFT/BIC code PASCITM1B03

PASCITM1B03 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Brindisi, Italy.

PASCITM1B03

Code details

SWIFT/BIC codePASCITM1B03
8-character codePASCITM1
Branch codeB03
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchBrindisi AG. 4
CityBrindisi
CountryItaly

The way 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.
B03 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 SWIFT code PASCITM1B03?

PASCITM1B03 identifies Brindisi AG. 4, part of Banca Monte Dei Paschi di Siena S.P.A. in Brindisi, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?

SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.

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

Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.

Do I need PASCITM1B03 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need PASCITM1B03.

What does each part of PASCITM1B03 stand for?

PASC is the bank 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 B03 identifies the department Brindisi AG. 4.

Can I use PASCITM1 instead of PASCITM1B03?

PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1B03 points to Brindisi AG. 4. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PASCITM1B03.

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