SWIFT/BIC code PASCITM1LU0
PASCITM1LU0 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Montecarlo, Italy.
Code details
| SWIFT/BIC code | PASCITM1LU0 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | LU0 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Turchetto-Montecarlo |
| City | Montecarlo |
| Country | Italy |
The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is structured
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.
- LU0 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 is behind SWIFT code PASCITM1LU0?
PASCITM1LU0 is the SWIFT/BIC code of Turchetto-Montecarlo, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Montecarlo, Italy. Only use it if the recipient or their bank explicitly asks for it.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Do I need PASCITM1LU0 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PASCITM1LU0.
Can I use PASCITM1 instead of PASCITM1LU0?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1LU0 is Turchetto-Montecarlo. For a normal transfer the head office code is usually fine, but use PASCITM1LU0 if the recipient asks for it.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What do the letters in PASCITM1LU0 stand for?
PASC is the bank 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 LU0 identifies the branch Turchetto-Montecarlo.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.