SWIFT/BIC code PASCITM1SRC
PASCITM1SRC belongs to Banca Monte Dei Paschi di Siena S.P.A. in Siracusa, Italy.
Code details
| SWIFT/BIC code | PASCITM1SRC |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | SRC |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Cassibile-Siracusa |
| City | Siracusa |
| 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.
- SRC 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 PASCITM1SRC?
PASCITM1SRC identifies Cassibile-Siracusa, part of Banca Monte Dei Paschi di Siena S.P.A. in Siracusa, Italy. Only use it if the account is held at this specific branch.
What is the cheapest 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 what you receive in Euro with specialist providers before you send – the difference can be large.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. 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 PASCITM1SRC for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1SRC.
What do the letters in PASCITM1SRC stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and SRC identifies the branch Cassibile-Siracusa.
What happens if I enter PASCITM1SRC incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1SRC with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.