SWIFT/BIC code PASCITM1T10
PASCITM1T10 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Torino, Italy.
Code details
| SWIFT/BIC code | PASCITM1T10 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | T10 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Torino |
| 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.
- T10 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 SWIFT/BIC code PASCITM1T10?
PASCITM1T10 identifies Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Torino, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need PASCITM1T10 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. For other currencies you do need PASCITM1T10.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
What happens if I use PASCITM1T10 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1T10 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Can I use PASCITM1 instead of PASCITM1T10?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1T10 is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, yet use PASCITM1T10 if the recipient asks for it.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers 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.