SWIFT/BIC code PASCITM1PI8
PASCITM1PI8 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Pomarance, Italy.
Code details
| SWIFT/BIC code | PASCITM1PI8 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | PI8 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Pomarance |
| Country | Italy |
The way 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.
- PI8 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 PASCITM1PI8?
The code PASCITM1PI8 belongs to Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Pomarance, Italy. Use this branch code only when the account is held at this specific branch.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
Do I need PASCITM1PI8 for a euro transfer 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 still need PASCITM1PI8.
What do the letters in PASCITM1PI8 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 location code and PI8 is the code of the department Banca Monte Dei Paschi di Siena S.P.A..
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What happens if I use PASCITM1PI8 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1PI8 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.