SWIFT/BIC code PASCITM1VT7
PASCITM1VT7 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Orte, Italy.
Code details
| SWIFT/BIC code | PASCITM1VT7 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | VT7 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Orte |
| Country | Italy |
How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC works
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.
- VT7 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 SWIFT code PASCITM1VT7?
PASCITM1VT7 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 Orte, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I use PASCITM1VT7 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1VT7 with the recipient before you confirm.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Do I need PASCITM1VT7 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1VT7.
Can I use PASCITM1 instead of PASCITM1VT7?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1VT7 points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet use PASCITM1VT7 if the recipient asks for it.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.