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SWIFT/BIC code PASCITM1TS2

PASCITM1TS2 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Trieste, Italy.

PASCITM1TS2

Code details

SWIFT/BIC codePASCITM1TS2
8-character codePASCITM1
Branch codeTS2
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchTrieste - AG. 2
CityTrieste
CountryItaly

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.
TS2 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 uses BIC PASCITM1TS2?

PASCITM1TS2 is the SWIFT/BIC code of Trieste - AG. 2, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Trieste, Italy. Use this branch code only when the account is held at this specific branch.

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.

Do I need PASCITM1TS2 for a euro transfer to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need PASCITM1TS2.

What does each part of PASCITM1TS2 mean?

PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and TS2 is the code of the department Trieste - AG. 2.

Can I use PASCITM1 instead of PASCITM1TS2?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1TS2 is Trieste - AG. 2. For a normal transfer the head office code is usually fine, yet use PASCITM1TS2 if the recipient asks for it.

What happens if I enter PASCITM1TS2 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check PASCITM1TS2 with the recipient before you confirm.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.