SWIFT/BIC code PASCITM1RCM
PASCITM1RCM belongs to Banca Monte Dei Paschi di Siena S.P.A. in Melito di Porto Salvo, Italy.
Code details
| SWIFT/BIC code | PASCITM1RCM |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | RCM |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Melito di Porto Salvo |
| 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.
- RCM 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 BIC PASCITM1RCM?
The code PASCITM1RCM belongs to Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Melito di Porto Salvo, Italy. Only use it if the account is held at this specific branch.
What is the best way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
What happens if I use PASCITM1RCM incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1RCM against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1RCM to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need PASCITM1RCM.
Can I use PASCITM1 instead of PASCITM1RCM?
PASCITM1 points to the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1RCM points to Banca Monte Dei Paschi di Siena S.P.A.. Most international transfers work with the head office code, but use PASCITM1RCM 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.