SWIFT/BIC code PASCITM1T16
PASCITM1T16 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Nichelino, Italy.
Code details
| SWIFT/BIC code | PASCITM1T16 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | T16 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Nichelino |
| 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.
- T16 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 PASCITM1T16?
PASCITM1T16 identifies Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Nichelino, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I enter PASCITM1T16 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1T16 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
Can I use PASCITM1 instead of PASCITM1T16?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1T16 is Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PASCITM1T16.
Has Banca Monte Dei Paschi di Siena S.P.A. got other 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. You can see them all on the bank page.
Do I need PASCITM1T16 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1T16.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.