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SWIFT/BIC code PASCITM1Z56

PASCITM1Z56 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Cassino, Italy.

PASCITM1Z56

Code details

SWIFT/BIC codePASCITM1Z56
8-character codePASCITM1
Branch codeZ56
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchCassino
CityCassino
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.
Z56 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 PASCITM1Z56?

The code PASCITM1Z56 belongs to Cassino, part of Banca Monte Dei Paschi di Siena S.P.A. in Cassino, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?

SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.

Do I need PASCITM1Z56 for a euro transfer to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1Z56.

What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?

Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.

Can I use PASCITM1 instead of PASCITM1Z56?

PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1Z56 points to Cassino. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PASCITM1Z56.

What happens if I use PASCITM1Z56 incorrectly?

Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1Z56 with the recipient before sending.

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