SWIFT/BIC code PASCITM1R22
PASCITM1R22 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy.
Code details
| SWIFT/BIC code | PASCITM1R22 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | R22 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Colle Prenestino |
| City | Roma |
| Country | Italy |
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.
- R22 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 PASCITM1R22?
PASCITM1R22 identifies Colle Prenestino, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I enter PASCITM1R22 with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1R22 with the recipient before you confirm.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1R22 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need PASCITM1R22.
What do the letters in PASCITM1R22 stand for?
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 R22 is the code of the branch Colle Prenestino.
Can I use PASCITM1 instead of PASCITM1R22?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1R22 is Colle Prenestino. For a normal transfer the head office code is usually fine, yet use PASCITM1R22 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.