SWIFT/BIC code PASCITM1SMC
PASCITM1SMC belongs to Banca Monte Dei Paschi di Siena S.P.A. in Chioggia, Italy.
Code details
| SWIFT/BIC code | PASCITM1SMC |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | SMC |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Chioggia Sottomarina |
| City | Chioggia |
| 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.
- SMC 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 is behind BIC PASCITM1SMC?
The code PASCITM1SMC belongs to Chioggia Sottomarina, part of Banca Monte Dei Paschi di Siena S.P.A. in Chioggia, Italy. Only use it if the recipient or their bank explicitly asks for it.
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. Transfers in other currencies can take 2–4 business days.
Do I need PASCITM1SMC to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1SMC.
What do the letters in PASCITM1SMC 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 location code and SMC is the code of the branch Chioggia Sottomarina.
What happens if I enter PASCITM1SMC with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1SMC against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.