SWIFT/BIC code PASCITM1LT1
PASCITM1LT1 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Borgo Grappa (Latina), Italy.
Code details
| SWIFT/BIC code | PASCITM1LT1 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | LT1 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Borgo Grappa (Latina) |
| 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.
- LT1 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 PASCITM1LT1?
PASCITM1LT1 identifies Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Borgo Grappa (Latina), Italy. Use this branch code only when the recipient or their bank explicitly 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 normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Do I need PASCITM1LT1 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PASCITM1LT1.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Many banks 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 – the difference can be large.
What happens if I enter PASCITM1LT1 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1LT1 against the details from Banca Monte Dei Paschi di Siena S.P.A. before you confirm.
Can I use PASCITM1 instead of PASCITM1LT1?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1LT1 is 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 PASCITM1LT1.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.