SWIFT/BIC code PASCITM1TA1
PASCITM1TA1 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Taranto, Italy.
Code details
| SWIFT/BIC code | PASCITM1TA1 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | TA1 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Taranto |
| Country | Italy |
The way 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.
- TA1 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 BIC PASCITM1TA1?
PASCITM1TA1 identifies Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Taranto, Italy. Use this branch code only when the account is held at this specific branch.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Do I need PASCITM1TA1 to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need PASCITM1TA1.
What do the letters in PASCITM1TA1 mean?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and TA1 is the code of the department Banca Monte Dei Paschi di Siena S.P.A..
What happens if I use PASCITM1TA1 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1TA1 with the recipient before you confirm.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.