SWIFT/BIC code PASCITM1M55
PASCITM1M55 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | PASCITM1M55 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | M55 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Milano AG. 55 |
| 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.
- M55 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 branch uses BIC PASCITM1M55?
PASCITM1M55 identifies Milano AG. 55, a unit 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.
Can I use PASCITM1 instead of PASCITM1M55?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1M55 is Milano AG. 55. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1M55.
Has Banca Monte Dei Paschi di Siena S.P.A. got other SWIFT/BIC codes?
Yes – our database contains 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. You can see them all on the bank page.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1M55 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 still need PASCITM1M55.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.