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SWIFT/BIC code PASCITM1V14

PASCITM1V14 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Bovolenta, Italy.

PASCITM1V14

Code details

SWIFT/BIC codePASCITM1V14
8-character codePASCITM1
Branch codeV14
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchBovolenta
CityBovolenta
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.
V14 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 code PASCITM1V14?

PASCITM1V14 is the SWIFT/BIC code of Bovolenta, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Bovolenta, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

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

Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.

Do I need PASCITM1V14 for a euro transfer to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1V14.

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. Transfers in other currencies can take 1–3 business days.

What happens if I enter PASCITM1V14 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check PASCITM1V14 with the recipient before you confirm.

What does each part of PASCITM1V14 mean?

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 V14 is the code of the department Bovolenta.

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