SWIFT/BIC code PASCITM1BAO
PASCITM1BAO belongs to Banca Monte Dei Paschi di Siena S.P.A. in Corato, Italy.
Code details
| SWIFT/BIC code | PASCITM1BAO |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | BAO |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Corato Ag.1 |
| City | Corato |
| 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.
- BAO 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 SWIFT code PASCITM1BAO?
PASCITM1BAO identifies Corato Ag.1, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Corato, Italy. Use this branch code only when the account is held at this specific branch.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
Do I need PASCITM1BAO for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need PASCITM1BAO.
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 1–3 business days.
Can I use PASCITM1 instead of PASCITM1BAO?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1BAO points to Corato Ag.1. Most international transfers work with the head office code, yet use PASCITM1BAO if the recipient asks for it.
What do the letters in PASCITM1BAO mean?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and BAO identifies the department Corato Ag.1.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.