SWIFT/BIC code PASCITM1PO1
PASCITM1PO1 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Prato, Italy.
Code details
| SWIFT/BIC code | PASCITM1PO1 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | PO1 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Prato |
| 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.
- PO1 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 branch uses SWIFT code PASCITM1PO1?
The code PASCITM1PO1 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 Prato, Italy. Only use it if the account is held at this specific branch.
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 2–4 business days.
What happens if I use PASCITM1PO1 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1PO1 with the recipient before sending.
What do the letters in PASCITM1PO1 mean?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and PO1 is the code of the department Banca Monte Dei Paschi di Siena S.P.A..
Do I need PASCITM1PO1 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need PASCITM1PO1.
What is the cheapest 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 transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.