SWIFT/BIC code PASCITM1GR5

PASCITM1GR5 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Grosseto, Italy.

PASCITM1GR5

Code details

SWIFT/BIC codePASCITM1GR5
8-character codePASCITM1
Branch codeGR5
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchAG. 5
CityGrosseto
CountryItaly

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.
GR5 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 branch uses SWIFT code PASCITM1GR5?

The code PASCITM1GR5 belongs to AG. 5, part of Banca Monte Dei Paschi di Siena S.P.A. in Grosseto, Italy. Only use it if the account is held at this specific branch.

What happens if I enter PASCITM1GR5 incorrectly?

The payment may be delayed, returned or charged extra fees. Always check PASCITM1GR5 with the recipient before you confirm.

What does each part of PASCITM1GR5 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 code for the city or region and GR5 identifies the branch AG. 5.

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 the amount that arrives in Euro with transfer services before you send.

Has Banca Monte Dei Paschi di Siena S.P.A. got other SWIFT/BIC codes?

Yes – we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.

Do I need PASCITM1GR5 to send euros to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PASCITM1GR5.

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