SWIFT/BIC code PASCITM1LIL
PASCITM1LIL belongs to Banca Monte Dei Paschi di Siena S.P.A. in Lacona (Capoliveri), Italy.
Code details
| SWIFT/BIC code | PASCITM1LIL |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | LIL |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Lacona (Capoliveri) |
| Country | Italy |
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.
- LIL 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 SWIFT/BIC code PASCITM1LIL?
PASCITM1LIL identifies Banca Monte Dei Paschi di Siena S.P.A., part of Banca Monte Dei Paschi di Siena S.P.A. in Lacona (Capoliveri), Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
Do I need PASCITM1LIL for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need PASCITM1LIL.
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, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What do the letters in PASCITM1LIL stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and LIL is the code of the branch Banca Monte Dei Paschi di Siena S.P.A..
Can I use PASCITM1 instead of PASCITM1LIL?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1LIL points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1LIL.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.