SWIFT/BIC code PASCITMMVEC

PASCITMMVEC belongs to Banca Monte Dei Paschi di Siena S.P.A. in Vercelli, Italy.

PASCITMMVEC

Code details

SWIFT/BIC codePASCITMMVEC
8-character codePASCITMM
Branch codeVEC
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityVercelli
CountryItaly

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).
MM Location code
2 characters for the city or region of the head office.
VEC 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

Which bank is behind BIC PASCITMMVEC?

PASCITMMVEC identifies Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Vercelli, Italy. Only use it if the recipient or their bank explicitly asks for it.

What happens if I enter PASCITMMVEC incorrectly?

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

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. Transfers in other currencies can take 1–3 business days.

Do I need PASCITMMVEC 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. For other currencies you still need PASCITMMVEC.

Can I use PASCITMM instead of PASCITMMVEC?

PASCITMM points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITMMVEC is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITMMVEC.

What is the cheapest 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. Compare the amount that arrives in Euro with specialist providers before you send.

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