SWIFT/BIC code PASCITM1BNM
PASCITM1BNM belongs to Banca Monte Dei Paschi di Siena S.P.A. in Montesarchio, Italy.
Code details
| SWIFT/BIC code | PASCITM1BNM |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | BNM |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Montesarchio |
| Country | Italy |
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.
- BNM 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 PASCITM1BNM?
PASCITM1BNM 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 Montesarchio, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use PASCITM1BNM incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1BNM against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
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. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1BNM for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PASCITM1BNM.
Can I use PASCITM1 instead of PASCITM1BNM?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1BNM is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, yet use PASCITM1BNM if the recipient asks for it.
What is the cheapest 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 – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.