SWIFT/BIC code PASCITM1V61
PASCITM1V61 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Adria, Italy.
Code details
| SWIFT/BIC code | PASCITM1V61 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | V61 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Adria - AG. Matteotti |
| City | Adria |
| 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.
- V61 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 is behind SWIFT code PASCITM1V61?
The code PASCITM1V61 belongs to Adria - AG. Matteotti, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Adria, 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 transfer services before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1V61?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1V61 points to Adria - AG. Matteotti. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1V61.
What does each part of PASCITM1V61 mean?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and V61 identifies the branch Adria - AG. Matteotti.
Do I need PASCITM1V61 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need PASCITM1V61.
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, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.