SWIFT/BIC code PASCITM1RCL
PASCITM1RCL belongs to Banca Monte Dei Paschi di Siena S.P.A. in Polistena, Italy.
Code details
| SWIFT/BIC code | PASCITM1RCL |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | RCL |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Polistena |
| City | Polistena |
| 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.
- RCL 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/BIC code PASCITM1RCL?
PASCITM1RCL identifies Polistena, part of Banca Monte Dei Paschi di Siena S.P.A. in Polistena, Italy. Only use it if the account is held at this specific branch.
Can I use PASCITM1 instead of PASCITM1RCL?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1RCL points to Polistena. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PASCITM1RCL.
Do I need PASCITM1RCL 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. If you send another currency you do need PASCITM1RCL.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
What does each part of PASCITM1RCL mean?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and RCL identifies the department Polistena.
What happens if I use PASCITM1RCL with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1RCL with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.