SWIFT/BIC code PASCITM1L98

PASCITM1L98 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Alessano, Italy.

PASCITM1L98

Code details

SWIFT/BIC codePASCITM1L98
8-character codePASCITM1
Branch codeL98
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityAlessano
CountryItaly

How 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.
L98 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

What bank uses BIC PASCITM1L98?

PASCITM1L98 identifies Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Alessano, Italy. Only use it if the account is held at this specific branch.

What do the letters in PASCITM1L98 stand for?

PASC is the bank 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 L98 identifies the branch Banca Monte Dei Paschi di Siena S.P.A..

Has Banca Monte Dei Paschi di Siena S.P.A. got more SWIFT/BIC codes?

Yes, our database contains 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy. All of them are listed on the page of Banca Monte Dei Paschi di Siena S.P.A..

Do I need PASCITM1L98 for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1L98.

How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?

Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.

Can I use PASCITM1 instead of PASCITM1L98?

PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1L98 is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, yet use PASCITM1L98 if the recipient asks for it.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.