SWIFT/BIC code PASCITM1SAH
PASCITM1SAH belongs to Banca Monte Dei Paschi di Siena S.P.A. in Salerno, Italy.
Code details
| SWIFT/BIC code | PASCITM1SAH |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | SAH |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Mercato San Severino |
| City | Salerno |
| Country | Italy |
How 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.
- SAH 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 PASCITM1SAH?
PASCITM1SAH identifies Mercato San Severino, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Salerno, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What do the letters in PASCITM1SAH 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 SAH identifies the department Mercato San Severino.
Can I use PASCITM1 instead of PASCITM1SAH?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1SAH is Mercato San Severino. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PASCITM1SAH.
Do I need PASCITM1SAH for a euro transfer to Italy?
Italy belongs to 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 PASCITM1SAH.
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 2–4 business days.
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. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.