SWIFT/BIC code PASCITM1SIP
PASCITM1SIP belongs to Banca Monte Dei Paschi di Siena S.P.A. in Siena, Italy.
Code details
| SWIFT/BIC code | PASCITM1SIP |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | SIP |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Siena |
| Country | Italy |
How 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.
- SIP 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 PASCITM1SIP?
PASCITM1SIP is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Siena, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Does Banca Monte Dei Paschi di Siena S.P.A. have more 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.
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. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1SIP for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1SIP.
Can I use PASCITM1 instead of PASCITM1SIP?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1SIP points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet use PASCITM1SIP if the recipient asks for it.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services 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.