SWIFT/BIC code PASCITM1Z87
PASCITM1Z87 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy.
Code details
| SWIFT/BIC code | PASCITM1Z87 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | Z87 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Roma AG. 140 |
| City | Roma |
| 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.
- Z87 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 PASCITM1Z87?
PASCITM1Z87 is the SWIFT/BIC code of Roma AG. 140, part of Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What do the letters in PASCITM1Z87 stand for?
PASC is the bank 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 Z87 identifies the department Roma AG. 140.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. 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 PASCITM1Z87 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1Z87.
Can I use PASCITM1 instead of PASCITM1Z87?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1Z87 is Roma AG. 140. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1Z87.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.