SWIFT/BIC code PASCITM1Y15
PASCITM1Y15 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Camaiore, Italy.
Code details
| SWIFT/BIC code | PASCITM1Y15 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | Y15 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Lido di Camaiore AG. 1 |
| City | Camaiore |
| 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.
- Y15 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 BIC PASCITM1Y15?
The code PASCITM1Y15 belongs to Lido di Camaiore AG. 1, part of Banca Monte Dei Paschi di Siena S.P.A. in Camaiore, Italy. Use this branch code only when the account is held at this specific branch.
What is the best 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. Check what you receive in Euro with specialist providers before you send – the difference can be large.
What do the letters in PASCITM1Y15 stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and Y15 identifies the branch Lido di Camaiore AG. 1.
Do I need PASCITM1Y15 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1Y15.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Can I use PASCITM1 instead of PASCITM1Y15?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1Y15 points to Lido di Camaiore AG. 1. Most international transfers work with the head office code, yet use PASCITM1Y15 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.