SWIFT/BIC code PASCITM1J08
PASCITM1J08 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Prato, Italy.
Code details
| SWIFT/BIC code | PASCITM1J08 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | J08 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Prato AG. 10 |
| City | Prato |
| Country | Italy |
The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is built up
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.
- J08 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 PASCITM1J08?
PASCITM1J08 identifies Prato AG. 10, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Prato, Italy. Only use it if the recipient or their bank explicitly asks for it.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1J08 to send euros 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. If you send another currency you still need PASCITM1J08.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.
What do the letters in PASCITM1J08 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 J08 identifies the branch Prato AG. 10.
Can I use PASCITM1 instead of PASCITM1J08?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1J08 points to Prato AG. 10. For a normal transfer the head office code is usually fine, but use PASCITM1J08 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.