SWIFT/BIC code PASCITM1LIO
PASCITM1LIO belongs to Banca Monte Dei Paschi di Siena S.P.A. in Donoratico (Castagneto Carducci), Italy.
Code details
| SWIFT/BIC code | PASCITM1LIO |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | LIO |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Donoratico (Castagneto Carducci) |
| 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.
- LIO 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 SWIFT code PASCITM1LIO?
The code PASCITM1LIO belongs to Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Donoratico (Castagneto Carducci), Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What does each part of PASCITM1LIO 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 LIO identifies the branch Banca Monte Dei Paschi di Siena S.P.A..
Can I use PASCITM1 instead of PASCITM1LIO?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1LIO points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, but use PASCITM1LIO if the recipient asks for it.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need PASCITM1LIO to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PASCITM1LIO.
What is the cheapest 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 what you receive in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.