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SWIFT/BIC code PASCITM1M43

PASCITM1M43 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.

PASCITM1M43

Code details

SWIFT/BIC codePASCITM1M43
8-character codePASCITM1
Branch codeM43
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchMilano AG. 43
CityMilano
CountryItaly

How 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.
M43 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 PASCITM1M43?

PASCITM1M43 is the SWIFT/BIC code of Milano AG. 43, 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.

Do I need PASCITM1M43 for a euro transfer to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need PASCITM1M43.

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

SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.

What happens if I use PASCITM1M43 incorrectly?

Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1M43 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.

Can I use PASCITM1 instead of PASCITM1M43?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1M43 points to Milano AG. 43. For a normal transfer the head office code is usually fine, yet use PASCITM1M43 if the recipient asks for it.

What do the letters in PASCITM1M43 stand for?

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 code for the city or region and M43 is the code of the department Milano AG. 43.

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