SWIFT/BIC code PASCITM1COV
PASCITM1COV belongs to Banca Monte Dei Paschi di Siena S.P.A. in Cologna Veneta, Italy.
Code details
| SWIFT/BIC code | PASCITM1COV |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | COV |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Cologna Veneta |
| City | Cologna Veneta |
| 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.
- COV 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 PASCITM1COV?
PASCITM1COV identifies Cologna Veneta, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Cologna Veneta, Italy. Only use it if the recipient or their bank explicitly asks for it.
Do I need PASCITM1COV for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need PASCITM1COV.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.
What do the letters in PASCITM1COV mean?
PASC is the institution 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 COV identifies the department Cologna Veneta.
What happens if I enter PASCITM1COV with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1COV against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
Can I use PASCITM1 instead of PASCITM1COV?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1COV points to Cologna Veneta. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1COV.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.