SWIFT/BIC code PASCITM1OR2
PASCITM1OR2 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Abbasanta, Italy.
Code details
| SWIFT/BIC code | PASCITM1OR2 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | OR2 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Abbasanta |
| Country | Italy |
The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is built up
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.
- OR2 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 uses BIC PASCITM1OR2?
PASCITM1OR2 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Abbasanta, Italy. Use this branch code only when the account is held at this specific branch.
Do I need PASCITM1OR2 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you still need PASCITM1OR2.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What is the best 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 specialist providers before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1OR2?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1OR2 points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet use PASCITM1OR2 if the recipient asks for it.
What does each part of PASCITM1OR2 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 OR2 identifies the branch 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.