SWIFT/BIC code PASCITM1K83

PASCITM1K83 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Montevarchi, Italy.

PASCITM1K83

Code details

SWIFT/BIC codePASCITM1K83
8-character codePASCITM1
Branch codeK83
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchMontevarchi AG. 2
CityMontevarchi
CountryItaly

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.
K83 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 branch is behind SWIFT code PASCITM1K83?

The code PASCITM1K83 belongs to Montevarchi AG. 2, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Montevarchi, Italy. Only use it if the account is held at this specific branch.

What does each part of PASCITM1K83 mean?

PASC is the institution 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 K83 identifies the branch Montevarchi AG. 2.

Do I need PASCITM1K83 to send euros to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. For other currencies you still need PASCITM1K83.

What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?

Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?

SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 1–3 business days.

Can I use PASCITM1 instead of PASCITM1K83?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1K83 points to Montevarchi AG. 2. For a normal transfer the head office code is usually fine, but use PASCITM1K83 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.