SWIFT/BIC code PASCITM1LE8
PASCITM1LE8 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Lecce, Italy.
Code details
| SWIFT/BIC code | PASCITM1LE8 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | LE8 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Lecce |
| Country | Italy |
The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC works
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.
- LE8 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 is behind BIC PASCITM1LE8?
PASCITM1LE8 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 Lecce, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I use PASCITM1LE8 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PASCITM1LE8 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
Do I need PASCITM1LE8 to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1LE8.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Can I use PASCITM1 instead of PASCITM1LE8?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1LE8 is 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 PASCITM1LE8.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.