SWIFT/BIC code PASCITM1SA8
PASCITM1SA8 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Agropoli, Italy.
Code details
| SWIFT/BIC code | PASCITM1SA8 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | SA8 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Agropoli |
| 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.
- SA8 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 uses SWIFT code PASCITM1SA8?
PASCITM1SA8 identifies Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Agropoli, Italy. Use this branch code only when the account is held at this specific branch.
What happens if I enter PASCITM1SA8 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1SA8 with the recipient before sending.
What do the letters in PASCITM1SA8 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 code for the city or region and SA8 is the code of the department Banca Monte Dei Paschi di Siena S.P.A..
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Do I need PASCITM1SA8 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need PASCITM1SA8.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.