SWIFT/BIC code PASCITM1MT3
PASCITM1MT3 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Policoro, Italy.
Code details
| SWIFT/BIC code | PASCITM1MT3 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | MT3 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Policoro |
| Country | Italy |
How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC works
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.
- MT3 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 PASCITM1MT3?
PASCITM1MT3 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 Policoro, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I use PASCITM1MT3 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1MT3 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Can I use PASCITM1 instead of PASCITM1MT3?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1MT3 points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet use PASCITM1MT3 if the recipient asks for it.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Do I need PASCITM1MT3 to send euros 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 PASCITM1MT3.
What do the letters in PASCITM1MT3 stand for?
PASC is the bank 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 MT3 identifies the department Banca Monte Dei Paschi di Siena S.P.A..
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.