Question 1

What is the SWIFT code for Banca Monte dei Paschi di Siena?

Accepted Answer

The SWIFT/BIC code for Banca Monte dei Paschi di Siena is PASCITMM. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to Banca Monte dei Paschi di Siena?

Accepted Answer

To send money internationally to Banca Monte dei Paschi di Siena, provide your bank with the SWIFT/BIC code PASCITMM (Siena, Italy) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Banca Monte dei Paschi di Siena a SEPA member?

Accepted Answer

Yes, Banca Monte dei Paschi di Siena is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN — no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code PASCITMM mean?

Accepted Answer

In the BIC code PASCITMM: "PASC" is the institution code identifying Banca Monte dei Paschi di Siena, "IT" is the ISO 3166-1 country code for Italy, and "MM" is the location code indicating the bank's city or timezone zone.

PASCITMM

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