SWIFT/BIC code PASCITM1PR1

PASCITM1PR1 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Parma, Italy.

PASCITM1PR1

Code details

SWIFT/BIC codePASCITM1PR1
8-character codePASCITM1
Branch codePR1
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchParma AG. 1
CityParma
CountryItaly

How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is structured

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.
PR1 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 bank uses BIC PASCITM1PR1?

PASCITM1PR1 is the SWIFT/BIC code of Parma AG. 1, part of Banca Monte Dei Paschi di Siena S.P.A. in Parma, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?

Banks often add several percent 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.

Has Banca Monte Dei Paschi di Siena S.P.A. got more SWIFT/BIC codes?

Yes, we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy. All of them are listed on the page of Banca Monte Dei Paschi di Siena S.P.A..

What does each part of PASCITM1PR1 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 PR1 identifies the branch Parma AG. 1.

Can I use PASCITM1 instead of PASCITM1PR1?

PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1PR1 is Parma AG. 1. Most international transfers work with the head office code, yet use PASCITM1PR1 if the recipient asks for it.

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. Transfers in other currencies can take 1–3 business days.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.