SWIFT/BIC code PASCITM1TP7

PASCITM1TP7 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Casa Santa (Erice), Italy.

PASCITM1TP7

Code details

SWIFT/BIC codePASCITM1TP7
8-character codePASCITM1
Branch codeTP7
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityCasa Santa (Erice)
CountryItaly

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.
TP7 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 is behind SWIFT code PASCITM1TP7?

PASCITM1TP7 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 Casa Santa (Erice), Italy. Use this branch code only when the account is held at this specific branch.

What happens if I use PASCITM1TP7 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check PASCITM1TP7 with the recipient before sending.

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

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.

Do I need PASCITM1TP7 to send euros to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need PASCITM1TP7.

Can I use PASCITM1 instead of PASCITM1TP7?

PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1TP7 is Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet use PASCITM1TP7 if the recipient asks for it.

What do the letters in PASCITM1TP7 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 location code and TP7 identifies the department 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.