SWIFT/BIC code PASCITM1BR1
PASCITM1BR1 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Brindisi, Italy.
Code details
| SWIFT/BIC code | PASCITM1BR1 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | BR1 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Brindisi |
| Country | Italy |
The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC works
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.
- BR1 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/BIC code PASCITM1BR1?
The code PASCITM1BR1 belongs to Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Brindisi, Italy. Use this branch code only when the account is held at this specific branch.
What happens if I use PASCITM1BR1 with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1BR1 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
What does each part of PASCITM1BR1 stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and BR1 identifies the department Banca Monte Dei Paschi di Siena S.P.A..
Do I need PASCITM1BR1 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need PASCITM1BR1.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
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 what you receive 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.