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SWIFT/BIC code PASCITM1V16

PASCITM1V16 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Candiana, Italy.

PASCITM1V16

Code details

SWIFT/BIC codePASCITM1V16
8-character codePASCITM1
Branch codeV16
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchCandiana
CityCandiana
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.
V16 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 BIC PASCITM1V16?

PASCITM1V16 identifies Candiana, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Candiana, Italy. Use this branch code only when the account is held at this specific branch.

Does Banca Monte Dei Paschi di Siena S.P.A. have other SWIFT/BIC codes?

Yes, we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy. You can see them all on the bank page.

What happens if I use PASCITM1V16 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check PASCITM1V16 with the recipient before sending.

Do I need PASCITM1V16 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 do need PASCITM1V16.

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

SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.

What is the cheapest 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. Check the amount that arrives in Euro with specialist providers before you send.

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