SWIFT/BIC code PASCITM1B87

PASCITM1B87 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Locorotondo, Italy.

PASCITM1B87

Code details

SWIFT/BIC codePASCITM1B87
8-character codePASCITM1
Branch codeB87
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityLocorotondo
CountryItaly

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.
B87 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 PASCITM1B87?

PASCITM1B87 identifies Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Locorotondo, Italy. Only use it if the account is held at this specific branch.

What does each part of PASCITM1B87 stand for?

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 code for the city or region and B87 is the code of the department Banca Monte Dei Paschi di Siena S.P.A..

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

Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.

Has Banca Monte Dei Paschi di Siena S.P.A. got more SWIFT/BIC codes?

Yes – we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.

Can I use PASCITM1 instead of PASCITM1B87?

PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1B87 is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1B87.

What happens if I use PASCITM1B87 with a typo?

Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1B87 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.