SWIFT/BIC code PASCITM1TP2
PASCITM1TP2 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Alcamo, Italy.
Code details
| SWIFT/BIC code | PASCITM1TP2 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | TP2 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Alcamo |
| Country | Italy |
The way 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.
- TP2 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 PASCITM1TP2?
The code PASCITM1TP2 belongs to Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Alcamo, Italy. Only use it if the account is held at this specific branch.
Do I need PASCITM1TP2 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need PASCITM1TP2.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What happens if I use PASCITM1TP2 with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1TP2 against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
Can I use PASCITM1 instead of PASCITM1TP2?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1TP2 is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, but use PASCITM1TP2 if the recipient asks for it.
What is the cheapest 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. Compare what you receive in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.