SWIFT/BIC code PASCITM1COR
PASCITM1COR belongs to Banca Monte Dei Paschi di Siena S.P.A. in Mantova, Italy.
Code details
| SWIFT/BIC code | PASCITM1COR |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | COR |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Banca Corrispondente |
| City | Mantova |
| Country | Italy |
The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is structured
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.
- COR 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/BIC code PASCITM1COR?
The code PASCITM1COR belongs to Banca Corrispondente, part of Banca Monte Dei Paschi di Siena S.P.A. in Mantova, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use PASCITM1COR incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1COR with the recipient before sending.
Can I use PASCITM1 instead of PASCITM1COR?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1COR is Banca Corrispondente. For a normal transfer the head office code is usually fine, yet use PASCITM1COR if the recipient asks for it.
Do I need PASCITM1COR to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need PASCITM1COR.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.