When sending money internationally, selecting the correct SWIFT/BIC code is crucial to ensure funds reach their destination safely and accurately. For those transferring money to BANCA MONTE DEI PASCHI DI SIENA S.P.A. in Alba, Italy, the SWIFT code PASCITMMALA is the essential identifier required for the transaction.
Whether for personal remittances or business transactions, using the correct SWIFT code helps avoid unnecessary delays and errors. PASCITMMALA uniquely identifies BANCA MONTE DEI PASCHI DI SIENA S.P.A., ensuring funds are routed to the intended recipient. The bank is located in Alba, Italy, with the postal code 12051, CN.
Before initiating an international transfer, always verify the SWIFT code to confirm it belongs to the recipient’s bank. An incorrect code may result in delayed or lost funds, making verification a critical step.
The structure of the SWIFT code provides specific details about the bank and its branch:
- PASC represents the bank code.
- IT is the country code, indicating Italy.
- MM denotes the bank’s location within the city.
- ALA identifies the specific branch.
To complete an international transfer successfully, follow these steps:
- Confirm the recipient’s bank and its SWIFT/BIC code.
- Provide the recipient’s full name and bank account details.
- Accurately enter the SWIFT code PASCITMMALA in the transfer instructions.
- Double-check all information before submitting the request.
Understanding these details ensures efficient and secure international transactions. The SWIFT code is not just an identifier—it safeguards the accuracy and security of your funds during cross-border transfers.