SWIFT/BIC code PASCITM1T12
PASCITM1T12 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Torino, Italy.
Code details
| SWIFT/BIC code | PASCITM1T12 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | T12 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Torino |
| 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.
- T12 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 bank is behind SWIFT code PASCITM1T12?
PASCITM1T12 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Torino, Italy. Use this branch code only when the account is held at this specific branch.
What do the letters in PASCITM1T12 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 code for the city or region and T12 is the code of the department Banca Monte Dei Paschi di Siena S.P.A..
Do I need PASCITM1T12 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need PASCITM1T12.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Can I use PASCITM1 instead of PASCITM1T12?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1T12 points to Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, but use PASCITM1T12 if the recipient asks for it.
What happens if I use PASCITM1T12 with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1T12 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.