SWIFT/BIC code PASCITM1SRA

PASCITM1SRA belongs to Banca Monte Dei Paschi di Siena S.P.A. in Siracusa, Italy.

PASCITM1SRA

Code details

SWIFT/BIC codePASCITM1SRA
8-character codePASCITM1
Branch codeSRA
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchAvola
CitySiracusa
CountryItaly

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.
SRA 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 PASCITM1SRA?

The code PASCITM1SRA belongs to Avola, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Siracusa, Italy. Only use it if the recipient or their bank explicitly asks for it.

Can I use PASCITM1 instead of PASCITM1SRA?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1SRA points to Avola. Most international transfers work with the head office code, yet use PASCITM1SRA if the recipient asks for it.

What does each part of PASCITM1SRA stand for?

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 code for the city or region and SRA is the code of the department Avola.

What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?

Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.

Does Banca Monte Dei Paschi di Siena S.P.A. have more SWIFT/BIC codes?

Yes, our database contains 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. All of them are listed on the page of Banca Monte Dei Paschi di Siena S.P.A..

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?

SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.