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SWIFT/BIC code PASCITM1Y87

PASCITM1Y87 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Massa e Cozzile, Italy.

PASCITM1Y87

Code details

SWIFT/BIC codePASCITM1Y87
8-character codePASCITM1
Branch codeY87
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchMargine Coperta
CityMassa e Cozzile
CountryItaly

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.
Y87 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 uses SWIFT/BIC code PASCITM1Y87?

PASCITM1Y87 is the SWIFT/BIC code of Margine Coperta, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Massa e Cozzile, Italy. Only use it if the recipient or their bank explicitly asks for it.

What happens if I enter PASCITM1Y87 with a typo?

Your transfer can bounce, get stuck or cost extra. Always check PASCITM1Y87 with the recipient before sending.

How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?

SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.

Do I need PASCITM1Y87 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. For other currencies you do need PASCITM1Y87.

Does Banca Monte Dei Paschi di Siena S.P.A. have other SWIFT/BIC codes?

Yes, we list 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy. You can see them all on the bank page.

What does each part of PASCITM1Y87 mean?

PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and Y87 identifies the department Margine Coperta.

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