SWIFT/BIC code PASCITM1M87
PASCITM1M87 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Rho, Italy.
Code details
| SWIFT/BIC code | PASCITM1M87 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | M87 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Rho |
| Country | Italy |
The way 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.
- M87 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/BIC code PASCITM1M87?
PASCITM1M87 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Rho, Italy. Use this branch code only when the account is held at this specific branch.
What happens if I use PASCITM1M87 with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1M87 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
Can I use PASCITM1 instead of PASCITM1M87?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1M87 is Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1M87.
Do I need PASCITM1M87 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need PASCITM1M87.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
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 what you receive 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.