SWIFT/BIC code PASCITM1H17
PASCITM1H17 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Veggiano, Italy.
Code details
| SWIFT/BIC code | PASCITM1H17 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | H17 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Veggiano |
| City | Veggiano |
| 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.
- H17 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 PASCITM1H17?
PASCITM1H17 is the SWIFT/BIC code of Veggiano, part of Banca Monte Dei Paschi di Siena S.P.A. in Veggiano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. 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 PASCITM1H17 to send euros 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 still need PASCITM1H17.
What do the letters in PASCITM1H17 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 code for the city or region and H17 is the code of the department Veggiano.
Can I use PASCITM1 instead of PASCITM1H17?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1H17 is Veggiano. For a normal transfer the head office code is usually fine, yet use PASCITM1H17 if the recipient asks for it.
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. Check what you receive 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.