SWIFT/BIC code PASCITM1RCT
PASCITM1RCT belongs to Banca Monte Dei Paschi di Siena S.P.A. in Taurianova, Italy.
Code details
| SWIFT/BIC code | PASCITM1RCT |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | RCT |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Taurianova |
| City | Taurianova |
| Country | Italy |
How the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC works
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.
- RCT 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 is behind BIC PASCITM1RCT?
The code PASCITM1RCT belongs to Taurianova, part of Banca Monte Dei Paschi di Siena S.P.A. in Taurianova, Italy. Only use it if the account is held at this specific branch.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
What happens if I use PASCITM1RCT with a typo?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1RCT against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
Can I use PASCITM1 instead of PASCITM1RCT?
PASCITM1 is the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1RCT is Taurianova. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PASCITM1RCT.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1RCT to send euros 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 do need PASCITM1RCT.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.