SWIFT/BIC code PASCITM1TAM
PASCITM1TAM belongs to Banca Monte Dei Paschi di Siena S.P.A. in Manduria, Italy.
Code details
| SWIFT/BIC code | PASCITM1TAM |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | TAM |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Manduria |
| 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.
- TAM 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 branch uses BIC PASCITM1TAM?
PASCITM1TAM is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Manduria, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of PASCITM1TAM stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and TAM identifies the branch Banca Monte Dei Paschi di Siena S.P.A..
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1TAM to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need PASCITM1TAM.
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 the amount that arrives in Euro with specialist providers before you send.
What happens if I use PASCITM1TAM with a typo?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1TAM against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.