When making international wire transfers, selecting the right bank and ensuring the accuracy of the SWIFT/BIC code are critical steps. This article provides detailed information about the SWIFT/BIC code for BANCA MONTE DEI PASCHI DI SIENA S.P.A., a reputable institution in global finance, to facilitate seamless transactions.
Key Details
The SWIFT/BIC code for BANCA MONTE DEI PASCHI DI SIENA S.P.A. is:
- SWIFT/BIC Code : PASCITMM
- Bank Name : BANCA MONTE DEI PASCHI DI SIENA S.P.A.
- City : BUCINE
- Address : VIA ROMA 15, AMBRA, BUCINE, AR, 52021
- Country : ITALY
Important Considerations
SWIFT/BIC codes undergo periodic reviews and updates to maintain accuracy. For example, if you transfer $10,000.00 to a recipient in France, the final amount received might be €8,495.00 due to exchange rate fluctuations, intermediary bank fees, or other transaction costs.
To avoid delays or failed transactions, always verify the following before initiating a transfer:
- Confirm the recipient’s SWIFT/BIC code and bank details.
- Check for updated fees and exchange rates with your bank.
- Account for potential variances in the final received amount.
Whether for personal remittances or business transactions, using a trusted bank and the correct SWIFT/BIC code ensures secure and efficient cross-border payments.