SWIFT/BIC code PASCITM1K85

PASCITM1K85 belongs to Banca Monte Dei Paschi di Siena S.P.A. in San Giovanni Valdarno, Italy.

PASCITM1K85

Code details

SWIFT/BIC codePASCITM1K85
8-character codePASCITM1
Branch codeK85
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchSan Giovanni Valdarno AG. 1
CitySan Giovanni Valdarno
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.
K85 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 is behind SWIFT code PASCITM1K85?

The code PASCITM1K85 belongs to San Giovanni Valdarno AG. 1, a unit of Banca Monte Dei Paschi di Siena S.P.A. in San Giovanni Valdarno, Italy. Only use it if the recipient or their bank explicitly asks for it.

What does each part of PASCITM1K85 stand for?

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 K85 is the code of the department San Giovanni Valdarno AG. 1.

What is the cheapest 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. Check the amount that arrives in Euro with specialist providers before you send.

Can I use PASCITM1 instead of PASCITM1K85?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1K85 points to San Giovanni Valdarno AG. 1. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1K85.

What happens if I enter PASCITM1K85 with a typo?

The payment may be delayed, returned or charged extra fees. Always check PASCITM1K85 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.

Do I need PASCITM1K85 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need PASCITM1K85.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.