SWIFT/BIC code PASCITM1Z46
PASCITM1Z46 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Nereto, Italy.
Code details
| SWIFT/BIC code | PASCITM1Z46 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | Z46 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Nereto |
| City | Nereto |
| Country | Italy |
How 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.
- Z46 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 SWIFT code PASCITM1Z46?
The code PASCITM1Z46 belongs to Nereto, part of Banca Monte Dei Paschi di Siena S.P.A. in Nereto, Italy. Use this branch code only when the account is held at this specific branch.
What do the letters in PASCITM1Z46 stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and Z46 is the code of the department Nereto.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
Can I use PASCITM1 instead of PASCITM1Z46?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1Z46 points to Nereto. For a normal transfer the head office code is usually fine, yet use PASCITM1Z46 if the recipient asks for it.
Do I need PASCITM1Z46 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need PASCITM1Z46.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.