SWIFT/BIC code PASCITM1SAW
PASCITM1SAW belongs to Banca Monte Dei Paschi di Siena S.P.A. in San Gregorio Magno, Italy.
Code details
| SWIFT/BIC code | PASCITM1SAW |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | SAW |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | San Gregorio Magno |
| 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.
- SAW 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 BIC PASCITM1SAW?
PASCITM1SAW identifies Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in San Gregorio Magno, Italy. Only use it if the account is held at this specific branch.
Do I need PASCITM1SAW to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need PASCITM1SAW.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.
What happens if I use PASCITM1SAW with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1SAW with the recipient before sending.
Can I use PASCITM1 instead of PASCITM1SAW?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1SAW points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PASCITM1SAW.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.