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SWIFT/BIC code PASCITM1B59

PASCITM1B59 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Siracusa, Italy.

PASCITM1B59

Code details

SWIFT/BIC codePASCITM1B59
8-character codePASCITM1
Branch codeB59
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchSiracusa AG. 4
CitySiracusa
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.
B59 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 SWIFT/BIC code PASCITM1B59?

PASCITM1B59 is the SWIFT/BIC code of Siracusa AG. 4, part of Banca Monte Dei Paschi di Siena S.P.A. in Siracusa, Italy. Use this branch code only when the account is held at this specific branch.

What do the letters in PASCITM1B59 stand for?

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 B59 is the code of the branch Siracusa AG. 4.

What happens if I use PASCITM1B59 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check PASCITM1B59 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.

Can I use PASCITM1 instead of PASCITM1B59?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1B59 is Siracusa AG. 4. Most international transfers work with the head office code, yet use PASCITM1B59 if the recipient asks for it.

Do I need PASCITM1B59 for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1B59.

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. 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.