SWIFT/BIC code PASCITM1V41
PASCITM1V41 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Valdagno, Italy.
Code details
| SWIFT/BIC code | PASCITM1V41 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | V41 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Maglio di Sopra |
| City | Valdagno |
| Country | Italy |
The way 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.
- V41 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 is behind SWIFT code PASCITM1V41?
PASCITM1V41 identifies Maglio di Sopra, part of Banca Monte Dei Paschi di Siena S.P.A. in Valdagno, 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. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1V41?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1V41 is Maglio di Sopra. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1V41.
Do I need PASCITM1V41 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1V41.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
What happens if I use PASCITM1V41 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1V41 with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.