SWIFT/BIC code PASCITM1V85
PASCITM1V85 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Carbonera, Italy.
Code details
| SWIFT/BIC code | PASCITM1V85 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | V85 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Carbonera |
| City | Carbonera |
| 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.
- V85 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 uses SWIFT/BIC code PASCITM1V85?
The code PASCITM1V85 belongs to Carbonera, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Carbonera, 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. in Italy?
Many banks 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.
Do I need PASCITM1V85 for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PASCITM1V85.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What happens if I use PASCITM1V85 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1V85 with the recipient before you confirm.
Can I use PASCITM1 instead of PASCITM1V85?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1V85 points to Carbonera. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1V85.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.