SWIFT/BIC code PASCITM1K44
PASCITM1K44 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Mondolfo, Italy.
Code details
| SWIFT/BIC code | PASCITM1K44 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | K44 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Marotta |
| City | Mondolfo |
| 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.
- K44 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 uses BIC PASCITM1K44?
The code PASCITM1K44 belongs to Marotta, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Mondolfo, 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 normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1K44 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need PASCITM1K44.
What do the letters in PASCITM1K44 mean?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and K44 is the code of the branch Marotta.
Can I use PASCITM1 instead of PASCITM1K44?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1K44 is Marotta. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PASCITM1K44.
What is the cheapest 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 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.