SWIFT/BIC code PASCITM1NAM
PASCITM1NAM belongs to Banca Monte Dei Paschi di Siena S.P.A. in Marano di Napoli, Italy.
Code details
| SWIFT/BIC code | PASCITM1NAM |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | NAM |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Marano di 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.
- NAM 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 bank is behind SWIFT/BIC code PASCITM1NAM?
PASCITM1NAM is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Marano di Napoli, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of PASCITM1NAM mean?
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 code for the city or region and NAM is the code of the department Banca Monte Dei Paschi di Siena S.P.A..
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 what you receive in Euro with specialist providers before you send – the difference can be large.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need PASCITM1NAM for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need PASCITM1NAM.
Can I use PASCITM1 instead of PASCITM1NAM?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1NAM 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 PASCITM1NAM.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.