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SWIFT/BIC code PASCITM1B78

PASCITM1B78 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Terlizzi, Italy.

PASCITM1B78

Code details

SWIFT/BIC codePASCITM1B78
8-character codePASCITM1
Branch codeB78
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityTerlizzi
CountryItaly

How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC works

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.
B78 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 BIC PASCITM1B78?

PASCITM1B78 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Terlizzi, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

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

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

What does each part of PASCITM1B78 mean?

PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the code for the city or region and B78 identifies the branch Banca Monte Dei Paschi di Siena S.P.A..

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

SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.

Do I need PASCITM1B78 to send euros 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 do need PASCITM1B78.

What happens if I use PASCITM1B78 with a typo?

Your transfer can bounce, get stuck or cost extra. Always check PASCITM1B78 with the recipient before sending.

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