SWIFT/BIC code PASCITM1F94

PASCITM1F94 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Greve In Chianti, Italy.

PASCITM1F94

Code details

SWIFT/BIC codePASCITM1F94
8-character codePASCITM1
Branch codeF94
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityGreve In Chianti
CountryItaly

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.
F94 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 is behind SWIFT/BIC code PASCITM1F94?

PASCITM1F94 identifies Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Greve In Chianti, Italy. Use this branch code only when the account is held at this specific branch.

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, instant payments within seconds. Transfers in other currencies can take 2–4 business days.

Do I need PASCITM1F94 to send euros to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1F94.

Can I use PASCITM1 instead of PASCITM1F94?

PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1F94 is Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet use PASCITM1F94 if the recipient asks for it.

What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?

Many banks add several percent 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.

What do the letters in PASCITM1F94 mean?

PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and F94 identifies the department Banca Monte Dei Paschi di Siena S.P.A..

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.