SWIFT/BIC code PASCITM1VR8
PASCITM1VR8 belongs to Banca Monte Dei Paschi di Siena S.P.A. in San Martino Buon Albergo, Italy.
Code details
| SWIFT/BIC code | PASCITM1VR8 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | VR8 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | San Martino Buon Albergo |
| 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.
- VR8 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 SWIFT code PASCITM1VR8?
The code PASCITM1VR8 belongs to Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in San Martino Buon Albergo, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.
Do I need PASCITM1VR8 to send euros to Italy?
Italy is part of 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 PASCITM1VR8.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Can I use PASCITM1 instead of PASCITM1VR8?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1VR8 is Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1VR8.
What happens if I use PASCITM1VR8 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1VR8 with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.