SWIFT/BIC code PASCITM1W54
PASCITM1W54 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Montespertoli, Italy.
Code details
| SWIFT/BIC code | PASCITM1W54 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | W54 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Baccaiano |
| City | Montespertoli |
| Country | Italy |
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.
- W54 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 PASCITM1W54?
PASCITM1W54 identifies Baccaiano, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Montespertoli, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Can I use PASCITM1 instead of PASCITM1W54?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1W54 points to Baccaiano. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1W54.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Do I need PASCITM1W54 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. If you send another currency you do need PASCITM1W54.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What happens if I enter PASCITM1W54 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1W54 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.