SWIFT/BIC code PASCITM1LIS
PASCITM1LIS belongs to Banca Monte Dei Paschi di Siena S.P.A. in Suvereto, Italy.
Code details
| SWIFT/BIC code | PASCITM1LIS |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | LIS |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Suvereto |
| Country | Italy |
How 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.
- LIS 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 branch uses SWIFT code PASCITM1LIS?
PASCITM1LIS is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Suvereto, Italy. Use this branch code only when the account is held at this specific branch.
What do the letters in PASCITM1LIS mean?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the code for the city or region and LIS is the code of the department Banca Monte Dei Paschi di Siena S.P.A..
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. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1LIS?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1LIS is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1LIS.
Do I need PASCITM1LIS for a euro transfer 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 PASCITM1LIS.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA 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.