SWIFT/BIC code PASCITM1V18

PASCITM1V18 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Mestrino, Italy.

PASCITM1V18

Code details

SWIFT/BIC codePASCITM1V18
8-character codePASCITM1
Branch codeV18
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchMestrino
CityMestrino
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.
V18 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 BIC PASCITM1V18?

The code PASCITM1V18 belongs to Mestrino, part of Banca Monte Dei Paschi di Siena S.P.A. in Mestrino, Italy. Only use it if 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. Compare what you receive in Euro with specialist providers before you send – the difference can be large.

Can I use PASCITM1 instead of PASCITM1V18?

PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1V18 points to Mestrino. For a normal transfer the head office code is usually fine, but use PASCITM1V18 if the recipient asks for it.

What happens if I enter PASCITM1V18 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check PASCITM1V18 with the recipient before sending.

Do I need PASCITM1V18 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you do need PASCITM1V18.

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. Payments in other currencies can take 2–4 business days.

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