International wire transfers can often be challenging, but selecting the correct bank SWIFT/BIC code enhances transaction security and ensures funds reach their destination accurately. Understanding how to use PASCITMMALA for transfers to Italy's renowned BANCA MONTE DEI PASCHI DI SIENA S.P.A. simplifies cross-border payments.
Bank Details and SWIFT Code Breakdown
PASCITMMALA is the international transfer code for BANCA MONTE DEI PASCHI DI SIENA S.P.A. , designed to guarantee precise delivery of funds. Key details include:
- Bank Name : BANCA MONTE DEI PASCHI DI SIENA S.P.A.
- SWIFT Code : PASCITMM
- Branch Code : ALA
- City : ALBA
- Postal Code : 12051
- Country : Italy
Understanding the SWIFT/BIC Structure
A SWIFT/BIC code is an 8–11 character unique identifier for global banks and branches. In PASCITMMALA :
- Bank Code (PASC) : Represents BANCA MONTE DEI PASCHI DI SIENA S.P.A.
- Country Code (IT) : Indicates Italy.
- Location Code (MM) : Specifies the bank’s headquarters.
- Branch Code (ALA) : Identifies the specific branch in ALBA.
Why Accurate SWIFT Codes Matter
Using the correct SWIFT code is critical for avoiding delays or misdirected funds. For transfers to BANCA MONTE DEI PASCHI DI SIENA S.P.A. , providing PASCITMMALA ensures seamless transactions.
Transfer Process and Fees
When sending funds, specify the currency and amount. For example, a $10,000 transfer will be converted to euros for the recipient. Exchange rates and fees may apply, though some services offer zero-cost transactions:
- Sending Fee : $0.00
- Transaction Fee : $0.00
- Total Cost : $0.00
Security and Efficiency
Verifying the SWIFT code safeguards your payment. PASCITMMALA streamlines international transfers to BANCA MONTE DEI PASCHI DI SIENA S.P.A. , ensuring reliability and peace of mind.