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SWIFT/BIC code PASCITM1V38

PASCITM1V38 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Torrebelvicino, Italy.

PASCITM1V38

Code details

SWIFT/BIC codePASCITM1V38
8-character codePASCITM1
Branch codeV38
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchTorrebelvicino
CityTorrebelvicino
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.
V38 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 PASCITM1V38?

PASCITM1V38 identifies Torrebelvicino, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Torrebelvicino, Italy. Only use it if the account is held at this specific branch.

Can I use PASCITM1 instead of PASCITM1V38?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1V38 points to Torrebelvicino. For a normal transfer the head office code is usually fine, yet use PASCITM1V38 if the recipient asks for it.

What does each part of PASCITM1V38 stand for?

PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and V38 identifies the department Torrebelvicino.

Do I need PASCITM1V38 for a euro transfer to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need PASCITM1V38.

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

Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.

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

Many banks 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.