SWIFT Code PASCITM104B — BANCA MONTE DEI PASCHI DI SIENA S.P.A., NOVE

About SWIFT Code PASCITM104B — BANCA MONTE DEI PASCHI DI SIENA S.P.A., NOVE

SWIFT code PASCITM104B is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCA MONTE DEI PASCHI DI SIENA S.P.A. in NOVE, Italy. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANCA MONTE DEI PASCHI DI SIENA S.P.A. for all outward international remittances from NOVE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code PASCITM104B

The code PASCITM104B follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code PASCITM104B

Receiving International Wire Transfers

To receive money from abroad at your BANCA MONTE DEI PASCHI DI SIENA S.P.A. account in NOVE, share SWIFT code PASCITM104B with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANCA MONTE DEI PASCHI DI SIENA S.P.A., NOVE must provide SWIFT code PASCITM104B. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANCA MONTE DEI PASCHI DI SIENA S.P.A. in NOVE rely on SWIFT code PASCITM104B for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANCA MONTE DEI PASCHI DI SIENA S.P.A. →

For cheque clearing or NACH mandates, use the MICR code for BANCA MONTE DEI PASCHI DI SIENA S.P.A. →

For TDS challan deposits, find the BSR code for BANCA MONTE DEI PASCHI DI SIENA S.P.A. →

How SWIFT Code PASCITM104B Routes an International Transfer

1. Initiation: The sender provides SWIFT code PASCITM104B and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANCA MONTE DEI PASCHI DI SIENA S.P.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCA MONTE DEI PASCHI DI SIENA S.P.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PASCITM104B

• Spaces or lowercase letters — Always enter PASCITM104B uppercase with no spaces.
• Using the wrong city — This code is for NOVE only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Italy.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm PASCITM104B directly with BANCA MONTE DEI PASCHI DI SIENA S.P.A.'s NOVE branch or via the SWIFT BIC Directory.