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SWIFT/BIC code PASCITM1Y31

PASCITM1Y31 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Porcari, Italy.

PASCITM1Y31

Code details

SWIFT/BIC codePASCITM1Y31
8-character codePASCITM1
Branch codeY31
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchPorcari
CityPorcari
CountryItaly

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.
Y31 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 is behind SWIFT code PASCITM1Y31?

PASCITM1Y31 is the SWIFT/BIC code of Porcari, part of Banca Monte Dei Paschi di Siena S.P.A. in Porcari, Italy. Use this branch code only when the account is held at this specific branch.

What does each part of PASCITM1Y31 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 Y31 identifies the branch Porcari.

Do I need PASCITM1Y31 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need PASCITM1Y31.

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 2–4 business days.

What happens if I use PASCITM1Y31 with a typo?

Your transfer can bounce, get stuck or cost extra. Always check PASCITM1Y31 with the recipient before sending.

Can I use PASCITM1 instead of PASCITM1Y31?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1Y31 is Porcari. For a normal transfer the head office code is usually fine, but use PASCITM1Y31 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.