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SWIFT/BIC code PASCITM1RC1

PASCITM1RC1 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Reggio di Calabria, Italy.

PASCITM1RC1

Code details

SWIFT/BIC codePASCITM1RC1
8-character codePASCITM1
Branch codeRC1
BankBanca Monte Dei Paschi di Siena S.P.A.
Branch—
CityReggio di Calabria
CountryItaly

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.
RC1 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 uses SWIFT code PASCITM1RC1?

PASCITM1RC1 identifies Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Reggio di Calabria, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What happens if I use PASCITM1RC1 incorrectly?

The payment may be delayed, returned or charged extra fees. Always check PASCITM1RC1 with the recipient before sending.

Has Banca Monte Dei Paschi di Siena S.P.A. got other SWIFT/BIC codes?

Yes – our database contains 2661 SWIFT/BIC codes for Banca Monte Dei Paschi di Siena S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.

How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take in Italy?

SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 1–3 business days.

Do I need PASCITM1RC1 to send euros to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need PASCITM1RC1.

What does each part of PASCITM1RC1 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 RC1 identifies the branch Banca Monte Dei Paschi di Siena S.P.A..

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