SWIFT/BIC code PASCITM1R87

PASCITM1R87 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Palestrina, Italy.

PASCITM1R87

Code details

SWIFT/BIC codePASCITM1R87
8-character codePASCITM1
Branch codeR87
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityPalestrina
CountryItaly

The way 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.
R87 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 is behind SWIFT/BIC code PASCITM1R87?

PASCITM1R87 identifies Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Palestrina, Italy. Use this branch code only when the account is held at this specific branch.

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

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.

What happens if I use PASCITM1R87 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check PASCITM1R87 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.

Does Banca Monte Dei Paschi di Siena S.P.A. have other SWIFT/BIC codes?

Yes – we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.

What do the letters in PASCITM1R87 mean?

PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and R87 identifies the branch Banca Monte Dei Paschi di Siena S.P.A..

Can I use PASCITM1 instead of PASCITM1R87?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1R87 is Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet use PASCITM1R87 if the recipient asks for it.

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