SWIFT/BIC code PASCITM1LT2
PASCITM1LT2 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Borgo Grappa (Latina), Italy.
Code details
| SWIFT/BIC code | PASCITM1LT2 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | LT2 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Borgo Grappa (Latina) |
| 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.
- LT2 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 bank is behind BIC PASCITM1LT2?
PASCITM1LT2 identifies Banca Monte Dei Paschi di Siena S.P.A., a branch or department 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.
What happens if I use PASCITM1LT2 with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1LT2 with the recipient before you confirm.
Can I use PASCITM1 instead of PASCITM1LT2?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1LT2 is Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, but use PASCITM1LT2 if the recipient asks for it.
What does each part of PASCITM1LT2 stand for?
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 LT2 is the code of the branch Banca Monte Dei Paschi di Siena S.P.A..
Do I need PASCITM1LT2 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need PASCITM1LT2.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.