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SWIFT/BIC code PASCITM1N20

PASCITM1N20 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Napoli, Italy.

PASCITM1N20

Code details

SWIFT/BIC codePASCITM1N20
8-character codePASCITM1
Branch codeN20
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchNapoli Branch
CityNapoli
CountryItaly

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.
N20 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 uses SWIFT code PASCITM1N20?

PASCITM1N20 is the SWIFT/BIC code of Napoli Branch, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Napoli, Italy. Only use it if the account is held at this specific branch.

How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. 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 PASCITM1N20 for a euro transfer to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PASCITM1N20.

Can I use PASCITM1 instead of PASCITM1N20?

PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1N20 points to Napoli Branch. For a normal transfer the head office code is usually fine, yet use PASCITM1N20 if the recipient asks for it.

What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?

Many banks 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 – the difference can be large.

What do the letters in PASCITM1N20 mean?

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 N20 identifies the branch Napoli Branch.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.