SWIFT/BIC code PASCITM1NA8
PASCITM1NA8 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Napoli, Italy.
Code details
| SWIFT/BIC code | PASCITM1NA8 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | NA8 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Napoli |
| 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.
- NA8 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 is behind SWIFT code PASCITM1NA8?
The code PASCITM1NA8 belongs to Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Napoli, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use PASCITM1NA8 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1NA8 with the recipient before sending.
What do the letters in PASCITM1NA8 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 NA8 identifies the department Banca Monte Dei Paschi di Siena S.P.A..
Can I use PASCITM1 instead of PASCITM1NA8?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1NA8 points to Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1NA8.
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. Compare the amount that arrives in Euro with transfer services before you send.
Do I need PASCITM1NA8 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need PASCITM1NA8.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.