SWIFT/BIC code PASCITM1B05

PASCITM1B05 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Aci Bonaccorsi, Italy.

PASCITM1B05

Code details

SWIFT/BIC codePASCITM1B05
8-character codePASCITM1
Branch codeB05
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchAci Bonaccorsi
CityAci Bonaccorsi
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.
B05 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 is behind SWIFT code PASCITM1B05?

PASCITM1B05 is the SWIFT/BIC code of Aci Bonaccorsi, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Aci Bonaccorsi, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What does each part of PASCITM1B05 mean?

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 location code and B05 is the code of the department Aci Bonaccorsi.

What happens if I use PASCITM1B05 incorrectly?

The payment may be delayed, returned or charged extra fees. Always check PASCITM1B05 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.

Can I use PASCITM1 instead of PASCITM1B05?

PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1B05 is Aci Bonaccorsi. Most international transfers work with the head office code, but use PASCITM1B05 if the recipient asks for it.

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

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.

Do I need PASCITM1B05 to send euros to Italy?

Italy is part of the SEPA area. When you send euros the IBAN is usually enough. For other currencies you still need PASCITM1B05.

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