SWIFT/BIC code PASCITM1MI1
PASCITM1MI1 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | PASCITM1MI1 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | MI1 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Milano |
| 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.
- MI1 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 PASCITM1MI1?
PASCITM1MI1 identifies Banca Monte Dei Paschi di Siena S.P.A., 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.
What happens if I enter PASCITM1MI1 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1MI1 with the recipient before sending.
What does each part of PASCITM1MI1 stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and MI1 is the code of the department 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 1–3 business days.
Do I need PASCITM1MI1 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need PASCITM1MI1.
Has Banca Monte Dei Paschi di Siena S.P.A. got other 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. You can see them all on the bank page.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.