SWIFT/BIC code PASCITM1TO7

PASCITM1TO7 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Torino, Italy.

PASCITM1TO7

Code details

SWIFT/BIC codePASCITM1TO7
8-character codePASCITM1
Branch codeTO7
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityTorino
CountryItaly

How 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.
TO7 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 uses SWIFT/BIC code PASCITM1TO7?

PASCITM1TO7 identifies Banca Monte Dei Paschi di Siena S.P.A., a branch or department 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.

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?

Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.

Do I need PASCITM1TO7 to send euros to Italy?

Italy is part of 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 do need PASCITM1TO7.

What does each part of PASCITM1TO7 stand for?

PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and TO7 identifies the department Banca Monte Dei Paschi di Siena S.P.A..

What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?

Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.

Has Banca Monte Dei Paschi di Siena S.P.A. got more SWIFT/BIC codes?

Yes – we list 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. All of them are listed on the page of Banca Monte Dei Paschi di Siena S.P.A..

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.