SWIFT/BIC code PASCITM1MEP
PASCITM1MEP belongs to Banca Monte Dei Paschi di Siena S.P.A. in Patti, Italy.
Code details
| SWIFT/BIC code | PASCITM1MEP |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | MEP |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Patti |
| Country | Italy |
How 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.
- MEP 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 SWIFT code PASCITM1MEP?
PASCITM1MEP identifies Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Patti, Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the cheapest 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. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What happens if I use PASCITM1MEP incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1MEP against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
What do the letters in PASCITM1MEP 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 MEP identifies the branch Banca Monte Dei Paschi di Siena S.P.A..
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Do I need PASCITM1MEP for a euro transfer 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 do need PASCITM1MEP.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.