SWIFT/BIC code PASCITM1R12
PASCITM1R12 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy.
Code details
| SWIFT/BIC code | PASCITM1R12 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | R12 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Roma |
| Country | Italy |
How 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.
- R12 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 SWIFT code PASCITM1R12?
PASCITM1R12 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need PASCITM1R12 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need PASCITM1R12.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What do the letters in PASCITM1R12 stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and R12 identifies the department Banca Monte Dei Paschi di Siena S.P.A..
Can I use PASCITM1 instead of PASCITM1R12?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1R12 points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PASCITM1R12.
What happens if I enter PASCITM1R12 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1R12 with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.