SWIFT/BIC code PASCITM1TP1
PASCITM1TP1 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Trapani, Italy.
Code details
| SWIFT/BIC code | PASCITM1TP1 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | TP1 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Marausa Loco Grande |
| City | Trapani |
| Country | Italy |
How 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.
- TP1 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 PASCITM1TP1?
The code PASCITM1TP1 belongs to Marausa Loco Grande, part of Banca Monte Dei Paschi di Siena S.P.A. in Trapani, Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
What happens if I enter PASCITM1TP1 with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1TP1 with the recipient before sending.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1TP1 to send euros 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 still need PASCITM1TP1.
Can I use PASCITM1 instead of PASCITM1TP1?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1TP1 is Marausa Loco Grande. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1TP1.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.