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SWIFT/BIC code PASCITM1M52

PASCITM1M52 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.

PASCITM1M52

Code details

SWIFT/BIC codePASCITM1M52
8-character codePASCITM1
Branch codeM52
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchMilano AG. 52
CityMilano
CountryItaly

The way 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.
M52 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

Which bank uses BIC PASCITM1M52?

PASCITM1M52 is the SWIFT/BIC code of Milano AG. 52, a branch or department 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.

Do I need PASCITM1M52 for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need PASCITM1M52.

How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?

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

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 what you receive in Euro with transfer services before you send – the difference can be large.

What does each part of PASCITM1M52 mean?

PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and M52 identifies the department Milano AG. 52.

Can I use PASCITM1 instead of PASCITM1M52?

PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1M52 points to Milano AG. 52. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1M52.

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