SWIFT/BIC code PASCITM1M56
PASCITM1M56 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | PASCITM1M56 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | M56 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Milano AG. 56 |
| 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.
- M56 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 SWIFT/BIC code PASCITM1M56?
PASCITM1M56 identifies Milano AG. 56, 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.
Can I use PASCITM1 instead of PASCITM1M56?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1M56 is Milano AG. 56. For a normal transfer the head office code is usually fine, but use PASCITM1M56 if the recipient asks for it.
Does Banca Monte Dei Paschi di Siena S.P.A. have more 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. All of them are listed on the page of Banca Monte Dei Paschi di Siena S.P.A..
What do the letters in PASCITM1M56 mean?
PASC is the institution 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 M56 is the code of the branch Milano AG. 56.
What happens if I use PASCITM1M56 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1M56 with the recipient before sending.
Do I need PASCITM1M56 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need PASCITM1M56.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.