SWIFT/BIC code PASCITM1PA2
PASCITM1PA2 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Palermo, Italy.
Code details
| SWIFT/BIC code | PASCITM1PA2 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | PA2 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Passo di Rigano Branch |
| City | Palermo |
| Country | Italy |
How 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.
- PA2 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/BIC code PASCITM1PA2?
PASCITM1PA2 identifies Passo di Rigano Branch, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Palermo, Italy. Only use it if the account is held at this specific branch.
What happens if I use PASCITM1PA2 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1PA2 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
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. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
What does each part of PASCITM1PA2 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 PA2 identifies the department Passo di Rigano Branch.
Do I need PASCITM1PA2 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1PA2.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.