SWIFT/BIC code PASCITM1R33
PASCITM1R33 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy.
Code details
| SWIFT/BIC code | PASCITM1R33 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | R33 |
| 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 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.
- R33 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 bank uses SWIFT code PASCITM1R33?
PASCITM1R33 identifies Colle Prenestino, 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.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1R33 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PASCITM1R33.
What do the letters in PASCITM1R33 stand for?
PASC is the institution code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and R33 is the code of the branch Colle Prenestino.
Can I use PASCITM1 instead of PASCITM1R33?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1R33 points to Colle Prenestino. Most international transfers work with the head office code, but use PASCITM1R33 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.