SWIFT/BIC code PASCITM1LTB
PASCITM1LTB belongs to Banca Monte Dei Paschi di Siena S.P.A. in Latina, Italy.
Code details
| SWIFT/BIC code | PASCITM1LTB |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | LTB |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Latina |
| 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.
- LTB 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 BIC PASCITM1LTB?
PASCITM1LTB 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 Latina, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need PASCITM1LTB to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PASCITM1LTB.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
What does each part of PASCITM1LTB mean?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and LTB identifies the branch Banca Monte Dei Paschi di Siena S.P.A..
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1LTB?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1LTB is Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, but use PASCITM1LTB if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.