SWIFT/BIC code PASCITM1R48
PASCITM1R48 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy.
Code details
| SWIFT/BIC code | PASCITM1R48 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | R48 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Colle Prenestino |
| City | Roma |
| Country | Italy |
The way 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.
- R48 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 PASCITM1R48?
The code PASCITM1R48 belongs to Colle Prenestino, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy. Only use it if the account is held at this specific branch.
What does each part of PASCITM1R48 stand for?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the location code and R48 is the code of the branch Colle Prenestino.
What is the best 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. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Can I use PASCITM1 instead of PASCITM1R48?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1R48 points to Colle Prenestino. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PASCITM1R48.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need PASCITM1R48 for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need PASCITM1R48.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.