SWIFT/BIC code PASCITM1M50
PASCITM1M50 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | PASCITM1M50 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | M50 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Milano AG. 50 |
| 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.
- M50 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 PASCITM1M50?
PASCITM1M50 identifies Milano AG. 50, part of Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What do the letters in PASCITM1M50 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 code for the city or region and M50 is the code of the department Milano AG. 50.
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. Compare the amount that arrives in Euro with transfer services before you send.
Can I use PASCITM1 instead of PASCITM1M50?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1M50 points to Milano AG. 50. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1M50.
Does Banca Monte Dei Paschi di Siena S.P.A. have other SWIFT/BIC codes?
Yes, we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy. All of them are listed on the page of Banca Monte Dei Paschi di Siena S.P.A..
Do I need PASCITM1M50 for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need PASCITM1M50.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.