SWIFT/BIC code PASCITM1CTS
PASCITM1CTS belongs to Banca Monte Dei Paschi di Siena S.P.A. in San Giovanni la Punta, Italy.
Code details
| SWIFT/BIC code | PASCITM1CTS |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | CTS |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | San Giovanni la Punta |
| 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.
- CTS 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 PASCITM1CTS?
PASCITM1CTS identifies Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in San Giovanni la Punta, Italy. Only use it if the account is held at this specific branch.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1CTS 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 PASCITM1CTS.
Can I use PASCITM1 instead of PASCITM1CTS?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1CTS points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet use PASCITM1CTS if the recipient asks for it.
What happens if I enter PASCITM1CTS incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1CTS with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.