SWIFT/BIC code PASCITM1RCP
PASCITM1RCP belongs to Banca Monte Dei Paschi di Siena S.P.A. in Palmi, Italy.
Code details
| SWIFT/BIC code | PASCITM1RCP |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | RCP |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Palmi |
| City | Palmi |
| 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.
- RCP 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 branch uses SWIFT/BIC code PASCITM1RCP?
The code PASCITM1RCP belongs to Palmi, a unit of Banca Monte Dei Paschi di Siena S.P.A. in Palmi, Italy. Only use it if the recipient or their bank explicitly asks for it.
Can I use PASCITM1 instead of PASCITM1RCP?
PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1RCP is Palmi. Most international transfers work with the head office code, yet use PASCITM1RCP if the recipient asks for it.
What do the letters in PASCITM1RCP 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 RCP is the code of the branch Palmi.
What happens if I enter PASCITM1RCP with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1RCP with the recipient before sending.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Do I need PASCITM1RCP to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need PASCITM1RCP.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.