SWIFT/BIC code PASCITM1MEL
PASCITM1MEL belongs to Banca Monte Dei Paschi di Siena S.P.A. in Letojanni, Italy.
Code details
| SWIFT/BIC code | PASCITM1MEL |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | MEL |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Letojanni |
| Country | Italy |
The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is built up
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.
- MEL 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 PASCITM1MEL?
PASCITM1MEL identifies Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Letojanni, Italy. Only use it if the account is held at this specific branch.
What does each part of PASCITM1MEL mean?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and MEL is the code of the branch Banca Monte Dei Paschi di Siena S.P.A..
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.
What happens if I use PASCITM1MEL with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1MEL with the recipient before you confirm.
Can I use PASCITM1 instead of PASCITM1MEL?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1MEL is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, yet use PASCITM1MEL if the recipient asks for it.
Do I need PASCITM1MEL for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PASCITM1MEL.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.