SWIFT/BIC code PASCITM1VNG
PASCITM1VNG belongs to Banca Monte Dei Paschi di Siena S.P.A. in Scandicci, Italy.
Code details
| SWIFT/BIC code | PASCITM1VNG |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | VNG |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Vingone |
| City | Scandicci |
| 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.
- VNG 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 PASCITM1VNG?
PASCITM1VNG identifies Vingone, part of Banca Monte Dei Paschi di Siena S.P.A. in Scandicci, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of PASCITM1VNG stand for?
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 code for the city or region and VNG identifies the branch Vingone.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
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.
Do I need PASCITM1VNG for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PASCITM1VNG.
Can I use PASCITM1 instead of PASCITM1VNG?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1VNG is Vingone. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1VNG.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.