SWIFT/BIC code PASCITM1VR2
PASCITM1VR2 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Verona, Italy.
Code details
| SWIFT/BIC code | PASCITM1VR2 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | VR2 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Verona |
| 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.
- VR2 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 is behind SWIFT/BIC code PASCITM1VR2?
PASCITM1VR2 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Verona, Italy. Only use it if the recipient or their bank explicitly asks for it.
What do the letters in PASCITM1VR2 stand for?
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 VR2 is the code of the department Banca Monte Dei Paschi di Siena S.P.A..
What happens if I enter PASCITM1VR2 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1VR2 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
Do I need PASCITM1VR2 for a euro transfer to Italy?
Italy is part of 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 PASCITM1VR2.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
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. Check the amount that arrives in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.