SWIFT/BIC code PASCITM1B14
PASCITM1B14 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Bologna, Italy.
Code details
| SWIFT/BIC code | PASCITM1B14 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | B14 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Bologna Ag.15 |
| City | Bologna |
| Country | Italy |
How 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.
- B14 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 uses SWIFT/BIC code PASCITM1B14?
PASCITM1B14 is the SWIFT/BIC code of Bologna Ag.15, part of Banca Monte Dei Paschi di Siena S.P.A. in Bologna, Italy. Use this branch code only when 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.?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
What do the letters in PASCITM1B14 mean?
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 B14 is the code of the department Bologna Ag.15.
What happens if I enter PASCITM1B14 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1B14 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
Can I use PASCITM1 instead of PASCITM1B14?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1B14 is Bologna Ag.15. For a normal transfer the head office code is usually fine, yet use PASCITM1B14 if the recipient 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. Transfers 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.