SWIFT/BIC code PASCITM1M29
PASCITM1M29 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | PASCITM1M29 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | M29 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Milano AG. 29 |
| City | Milano |
| 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.
- M29 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 BIC PASCITM1M29?
PASCITM1M29 identifies Milano AG. 29, 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 is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Do I need PASCITM1M29 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. If you send another currency you still need PASCITM1M29.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Can I use PASCITM1 instead of PASCITM1M29?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1M29 points to Milano AG. 29. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1M29.
Does Banca Monte Dei Paschi di Siena S.P.A. have more SWIFT/BIC codes?
Yes – we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy, for the head office and several branches or departments. All of them are listed on the page of Banca Monte Dei Paschi di Siena S.P.A..
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.