SWIFT/BIC code PASCITM1TV1

PASCITM1TV1 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Treviso, Italy.

PASCITM1TV1

Code details

SWIFT/BIC codePASCITM1TV1
8-character codePASCITM1
Branch codeTV1
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityTreviso
CountryItaly

How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is structured

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.
TV1 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 PASCITM1TV1?

The code PASCITM1TV1 belongs to Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Treviso, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What happens if I enter PASCITM1TV1 incorrectly?

Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1TV1 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.

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

Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.

What does each part of PASCITM1TV1 mean?

PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and TV1 is the code of the department Banca Monte Dei Paschi di Siena S.P.A..

How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?

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 PASCITM1TV1 for a euro transfer to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PASCITM1TV1.

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