SWIFT/BIC code PASCITM1V28
PASCITM1V28 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Torreglia, Italy.
Code details
| SWIFT/BIC code | PASCITM1V28 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | V28 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Torreglia |
| City | Torreglia |
| Country | Italy |
The way 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.
- V28 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 PASCITM1V28?
The code PASCITM1V28 belongs to Torreglia, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Torreglia, Italy. Use this branch code only when the account is held at this specific branch.
What is the best 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 what you receive in Euro with specialist providers before you send – the difference can be large.
What happens if I use PASCITM1V28 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1V28 with the recipient before you confirm.
What does each part of PASCITM1V28 stand for?
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 code for the city or region and V28 is the code of the branch Torreglia.
Can I use PASCITM1 instead of PASCITM1V28?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1V28 is Torreglia. For a normal transfer the head office code is usually fine, yet use PASCITM1V28 if the recipient asks for it.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers 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.