SWIFT/BIC code PASCITM1Z51
PASCITM1Z51 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Teramo, Italy.
Code details
| SWIFT/BIC code | PASCITM1Z51 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | Z51 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | San Nicolo' A Tordino |
| City | Teramo |
| 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.
- Z51 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 BIC PASCITM1Z51?
The code PASCITM1Z51 belongs to San Nicolo' A Tordino, part of Banca Monte Dei Paschi di Siena S.P.A. in Teramo, Italy. Use this branch code only when the account is held at this specific branch.
What happens if I use PASCITM1Z51 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1Z51 with the recipient before you confirm.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What does each part of PASCITM1Z51 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 Z51 is the code of the branch San Nicolo' A Tordino.
Do I need PASCITM1Z51 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1Z51.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments 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.