SWIFT/BIC code PASCITM1V64

PASCITM1V64 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Bagnolo di Po, Italy.

PASCITM1V64

Code details

SWIFT/BIC codePASCITM1V64
8-character codePASCITM1
Branch codeV64
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchBagnolo di Po
CityBagnolo di Po
CountryItaly

The way 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.
V64 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 branch uses BIC PASCITM1V64?

PASCITM1V64 identifies Bagnolo di Po, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Bagnolo di Po, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

Can I use PASCITM1 instead of PASCITM1V64?

PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1V64 is Bagnolo di Po. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1V64.

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. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.

What does each part of PASCITM1V64 mean?

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 location code and V64 is the code of the department Bagnolo di Po.

How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?

SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.

Do I need PASCITM1V64 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1V64.

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