SWIFT/BIC code PASCITM1PIL
PASCITM1PIL belongs to Banca Monte Dei Paschi di Siena S.P.A. in Perignano (Lari), Italy.
Code details
| SWIFT/BIC code | PASCITM1PIL |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | PIL |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Perignano (Lari) |
| 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.
- PIL 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 code PASCITM1PIL?
The code PASCITM1PIL 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 Perignano (Lari), Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Can I use PASCITM1 instead of PASCITM1PIL?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1PIL is 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 PASCITM1PIL.
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. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Do I need PASCITM1PIL for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1PIL.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
What happens if I enter PASCITM1PIL with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1PIL with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.