SWIFT/BIC code PASCITM1G81

PASCITM1G81 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Porto Ercole (Monte Argentario), Italy.

PASCITM1G81

Code details

SWIFT/BIC codePASCITM1G81
8-character codePASCITM1
Branch codeG81
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityPorto Ercole (Monte Argentario)
CountryItaly

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.
G81 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 uses BIC PASCITM1G81?

PASCITM1G81 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Porto Ercole (Monte Argentario), Italy. Only use it if the recipient or their bank explicitly asks for it.

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

Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?

Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.

Do I need PASCITM1G81 for a euro transfer to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need PASCITM1G81.

What do the letters in PASCITM1G81 mean?

PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and G81 identifies the branch Banca Monte Dei Paschi di Siena S.P.A..

What happens if I use PASCITM1G81 with a typo?

The payment may be delayed, returned or charged extra fees. Always check PASCITM1G81 with the recipient before you confirm.

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