SWIFT/BIC code PASCITM1BAM
PASCITM1BAM belongs to Banca Monte Dei Paschi di Siena S.P.A. in Modugno, Italy.
Code details
| SWIFT/BIC code | PASCITM1BAM |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | BAM |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | AG. 1 |
| City | Modugno |
| Country | Italy |
How 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.
- BAM 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 is behind BIC PASCITM1BAM?
PASCITM1BAM is the SWIFT/BIC code of AG. 1, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Modugno, Italy. Only use it if the account is held at this specific branch.
Can I use PASCITM1 instead of PASCITM1BAM?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1BAM points to AG. 1. For a normal transfer the head office code is usually fine, yet use PASCITM1BAM if the recipient asks for it.
Do I need PASCITM1BAM for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need PASCITM1BAM.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What does each part of PASCITM1BAM 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 BAM identifies the branch AG. 1.
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. Check the amount that arrives in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.