SWIFT/BIC code PASCITM1SPM
PASCITM1SPM belongs to Banca Monte Dei Paschi di Siena S.P.A. in Marinella di Sarzana (Sarzana), Italy.
Code details
| SWIFT/BIC code | PASCITM1SPM |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | SPM |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Marinella di Sarzana (Sarzana) |
| 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.
- SPM 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 SWIFT/BIC code PASCITM1SPM?
PASCITM1SPM identifies Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Marinella di Sarzana (Sarzana), Italy. Only use it if the account is held at this specific branch.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1SPM to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need PASCITM1SPM.
What is the best 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. Check what you receive in Euro with transfer services before you send – the difference can be large.
What does each part of PASCITM1SPM mean?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and SPM identifies the branch Banca Monte Dei Paschi di Siena S.P.A..
What happens if I enter PASCITM1SPM with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1SPM with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.