SWIFT/BIC code PASCITM1MEV
PASCITM1MEV belongs to Banca Monte Dei Paschi di Siena S.P.A. in Villafranca Tirrena, Italy.
Code details
| SWIFT/BIC code | PASCITM1MEV |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | MEV |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Villafranca Tirrena |
| 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.
- MEV 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 is behind SWIFT/BIC code PASCITM1MEV?
PASCITM1MEV is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Villafranca Tirrena, Italy. Only use it if the account is held at this specific branch.
What does each part of PASCITM1MEV stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and MEV is the code of 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 in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need PASCITM1MEV to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1MEV.
What happens if I enter PASCITM1MEV with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1MEV with the recipient before you confirm.
Can I use PASCITM1 instead of PASCITM1MEV?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1MEV points to Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, yet use PASCITM1MEV if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.