SWIFT/BIC code PASCITM1K71
PASCITM1K71 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Arezzo, Italy.
Code details
| SWIFT/BIC code | PASCITM1K71 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | K71 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Arezzo AG. 12 |
| City | Arezzo |
| 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.
- K71 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
What bank uses BIC PASCITM1K71?
PASCITM1K71 is the SWIFT/BIC code of Arezzo AG. 12, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Arezzo, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I enter PASCITM1K71 with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1K71 with the recipient before you confirm.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1K71 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 still need PASCITM1K71.
What does each part of PASCITM1K71 stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and K71 is the code of the branch Arezzo AG. 12.
Can I use PASCITM1 instead of PASCITM1K71?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1K71 points to Arezzo AG. 12. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1K71.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.