SWIFT/BIC code PASCITM1H01
PASCITM1H01 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Ponte San Nicolo', Italy.
Code details
| SWIFT/BIC code | PASCITM1H01 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | H01 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Roncaglia di Ponte San Nicolo' |
| City | Ponte San Nicolo' |
| Country | Italy |
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.
- H01 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 code PASCITM1H01?
PASCITM1H01 identifies Roncaglia di Ponte San Nicolo', a unit of Banca Monte Dei Paschi di Siena S.P.A. in Ponte San Nicolo', Italy. Only use it if the recipient or their bank explicitly asks for it.
Can I use PASCITM1 instead of PASCITM1H01?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1H01 points to Roncaglia di Ponte San Nicolo'. Most international transfers work with the head office code, yet use PASCITM1H01 if the recipient asks for it.
Do I need PASCITM1H01 for a euro transfer to Italy?
Italy is part of 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 PASCITM1H01.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.
What happens if I use PASCITM1H01 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1H01 with the recipient before sending.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers 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.