SWIFT/BIC code PASCITM1PO2
PASCITM1PO2 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Prato, Italy.
Code details
| SWIFT/BIC code | PASCITM1PO2 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | PO2 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Prato |
| 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.
- PO2 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 BIC PASCITM1PO2?
The code PASCITM1PO2 belongs to Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Prato, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of PASCITM1PO2 stand for?
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 PO2 identifies the department Banca Monte Dei Paschi di Siena S.P.A..
What happens if I enter PASCITM1PO2 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1PO2 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Do I need PASCITM1PO2 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need PASCITM1PO2.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Can I use PASCITM1 instead of PASCITM1PO2?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1PO2 is Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1PO2.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.