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SWIFT/BIC code PASCITM1S88

PASCITM1S88 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Abbadia (Montepulciano), Italy.

PASCITM1S88

Code details

SWIFT/BIC codePASCITM1S88
8-character codePASCITM1
Branch codeS88
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityAbbadia (Montepulciano)
CountryItaly

The way 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.
S88 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 is behind SWIFT code PASCITM1S88?

PASCITM1S88 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Abbadia (Montepulciano), Italy. Use this branch code only when the account is held at this specific branch.

What happens if I use PASCITM1S88 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check PASCITM1S88 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?

Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 2–4 business days.

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. Check the amount that arrives in Euro with specialist providers before you send.

Do I need PASCITM1S88 for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need PASCITM1S88.

What does each part of PASCITM1S88 stand for?

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 S88 identifies the branch Banca Monte Dei Paschi di Siena S.P.A..

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