SWIFT/BIC code PASCITM1M18
PASCITM1M18 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | PASCITM1M18 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | M18 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Milano |
| Country | Italy |
The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is structured
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.
- M18 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 SWIFT code PASCITM1M18?
PASCITM1M18 identifies Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of PASCITM1M18 mean?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and M18 is the code of the branch Banca Monte Dei Paschi di Siena S.P.A..
What happens if I use PASCITM1M18 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1M18 with the recipient before sending.
Can I use PASCITM1 instead of PASCITM1M18?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1M18 is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, but use PASCITM1M18 if the recipient asks for it.
Do I need PASCITM1M18 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PASCITM1M18.
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, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.