SWIFT/BIC code PASCITM1GR3
PASCITM1GR3 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Grosseto, Italy.
Code details
| SWIFT/BIC code | PASCITM1GR3 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | GR3 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Grosseto |
| Country | Italy |
How 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.
- GR3 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 PASCITM1GR3?
PASCITM1GR3 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Grosseto, Italy. Use this branch code only when the account is held at this specific branch.
Do I need PASCITM1GR3 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PASCITM1GR3.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What happens if I enter PASCITM1GR3 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1GR3 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
What does each part of PASCITM1GR3 stand for?
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 GR3 is the code of the branch Banca Monte Dei Paschi di Siena S.P.A..
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 the amount that arrives in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.