SWIFT/BIC code PASCITM1BG2

PASCITM1BG2 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Caravaggio, Italy.

PASCITM1BG2

Code details

SWIFT/BIC codePASCITM1BG2
8-character codePASCITM1
Branch codeBG2
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityCaravaggio
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.
BG2 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 BIC PASCITM1BG2?

PASCITM1BG2 identifies Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Caravaggio, Italy. Only use it if the account is held at this specific branch.

Can I use PASCITM1 instead of PASCITM1BG2?

PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1BG2 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 PASCITM1BG2.

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

SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.

Do I need PASCITM1BG2 to send euros to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need PASCITM1BG2.

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

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

Does Banca Monte Dei Paschi di Siena S.P.A. have other SWIFT/BIC codes?

Yes, we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy. All of them are listed on the page of Banca Monte Dei Paschi di Siena S.P.A..

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