SWIFT/BIC code PASCITM1BAL

PASCITM1BAL belongs to Banca Monte Dei Paschi di Siena S.P.A. in Castellana Grotte, Italy.

PASCITM1BAL

Code details

SWIFT/BIC codePASCITM1BAL
8-character codePASCITM1
Branch codeBAL
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityCastellana Grotte
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.
BAL 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 code PASCITM1BAL?

PASCITM1BAL is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Castellana Grotte, Italy. Use this branch code only when the account is held at this specific branch.

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 the amount that arrives in Euro with specialist providers before you send – the difference can be large.

What does each part of PASCITM1BAL 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 location code and BAL is the code of the department Banca Monte Dei Paschi di Siena S.P.A..

Can I use PASCITM1 instead of PASCITM1BAL?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1BAL points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, but use PASCITM1BAL if the recipient asks for it.

What happens if I use PASCITM1BAL incorrectly?

Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1BAL with the recipient before sending.

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

Yes, our database contains 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.

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