SWIFT/BIC code PASCITM1W75

PASCITM1W75 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Tavarnelle Val di Pesa, Italy.

PASCITM1W75

Code details

SWIFT/BIC codePASCITM1W75
8-character codePASCITM1
Branch codeW75
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchTavarnelle Val di Pesa AG. 1
CityTavarnelle Val di Pesa
CountryItaly

The way 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.
W75 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 bank uses SWIFT/BIC code PASCITM1W75?

PASCITM1W75 is the SWIFT/BIC code of Tavarnelle Val di Pesa AG. 1, part of Banca Monte Dei Paschi di Siena S.P.A. in Tavarnelle Val di Pesa, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What is the cheapest 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 specialist providers before you send – the difference can be large.

What do the letters in PASCITM1W75 stand for?

PASC is the institution 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 W75 is the code of the branch Tavarnelle Val di Pesa AG. 1.

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?

Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.

Do I need PASCITM1W75 to send euros to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. For other currencies you do need PASCITM1W75.

Can I use PASCITM1 instead of PASCITM1W75?

PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1W75 is Tavarnelle Val di Pesa AG. 1. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1W75.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.