SWIFT/BIC code PASCITM1VEP

PASCITM1VEP belongs to Banca Monte Dei Paschi di Siena S.P.A. in Portogruaro, Italy.

PASCITM1VEP

Code details

SWIFT/BIC codePASCITM1VEP
8-character codePASCITM1
Branch codeVEP
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityPortogruaro
CountryItaly

How 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.
VEP 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 BIC PASCITM1VEP?

PASCITM1VEP identifies Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Portogruaro, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

Can I use PASCITM1 instead of PASCITM1VEP?

PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1VEP is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, but use PASCITM1VEP if the recipient asks for it.

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.

Do I need PASCITM1VEP to send euros to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need PASCITM1VEP.

Does Banca Monte Dei Paschi di Siena S.P.A. have other SWIFT/BIC codes?

Yes – we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.

What does each part of PASCITM1VEP 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 VEP is the code of the department Banca Monte Dei Paschi di Siena S.P.A..

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