SWIFT/BIC code PASCITM1L97
PASCITM1L97 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Aradeo, Italy.
Code details
| SWIFT/BIC code | PASCITM1L97 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | L97 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Aradeo |
| Country | Italy |
The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PASC Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- L97 Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank is behind BIC PASCITM1L97?
PASCITM1L97 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Aradeo, Italy. Use this branch code only when the account is held at this specific branch.
What happens if I enter PASCITM1L97 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1L97 with the recipient before you confirm.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1L97?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1L97 points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PASCITM1L97.
What does each part of PASCITM1L97 mean?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and L97 identifies the branch Banca Monte Dei Paschi di Siena S.P.A..
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.