SWIFT/BIC code PASCITM1Y02
PASCITM1Y02 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Livorno, Italy.
Code details
| SWIFT/BIC code | PASCITM1Y02 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | Y02 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Livorno AG. 11 |
| City | Livorno |
| 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.
- Y02 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 BIC PASCITM1Y02?
PASCITM1Y02 is the SWIFT/BIC code of Livorno AG. 11, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Livorno, Italy. Use this branch code only when the account is held at this specific branch.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often 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 PASCITM1Y02 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need PASCITM1Y02.
What do the letters in PASCITM1Y02 mean?
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 location code and Y02 identifies the branch Livorno AG. 11.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What happens if I use PASCITM1Y02 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1Y02 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.