SWIFT/BIC code PASCITM1NAT
PASCITM1NAT belongs to Banca Monte Dei Paschi di Siena S.P.A. in Portici, Italy.
Code details
| SWIFT/BIC code | PASCITM1NAT |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | NAT |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Portici AG. 1 |
| City | Portici |
| Country | Italy |
How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is structured
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.
- NAT 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 PASCITM1NAT?
PASCITM1NAT is the SWIFT/BIC code of Portici AG. 1, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Portici, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of PASCITM1NAT stand for?
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 location code and NAT identifies the branch Portici AG. 1.
What is the cheapest 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. Check the amount that arrives in Euro with transfer services 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. in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1NAT to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need PASCITM1NAT.
Can I use PASCITM1 instead of PASCITM1NAT?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1NAT points to Portici AG. 1. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1NAT.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.