SWIFT/BIC code PASCITM1C31
PASCITM1C31 belongs to Banca Monte Dei Paschi di Siena S.P.A. in L'aquila, Italy.
Code details
| SWIFT/BIC code | PASCITM1C31 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | C31 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | L'aquila AG. 2 |
| City | L'aquila |
| Country | Italy |
How 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.
- C31 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 bank uses SWIFT code PASCITM1C31?
PASCITM1C31 identifies L'aquila AG. 2, part of Banca Monte Dei Paschi di Siena S.P.A. in L'aquila, Italy. Only use it if the account is held at this specific branch.
What does each part of PASCITM1C31 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 C31 identifies the department L'aquila AG. 2.
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. Compare what you receive in Euro with transfer services before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1C31?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1C31 is L'aquila AG. 2. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1C31.
Do I need PASCITM1C31 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need PASCITM1C31.
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, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.