SWIFT/BIC code PASCITM1RM4
PASCITM1RM4 belongs to Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy.
Code details
| SWIFT/BIC code | PASCITM1RM4 |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | RM4 |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Roma |
| Country | Italy |
The way 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.
- RM4 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 code PASCITM1RM4?
PASCITM1RM4 is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a unit of Banca Monte Dei Paschi di Siena S.P.A. in Roma, Italy. Use this branch code only when the account is held at this specific branch.
What happens if I use PASCITM1RM4 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check PASCITM1RM4 with the recipient before sending.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
Banks often 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.
Do I need PASCITM1RM4 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you still need PASCITM1RM4.
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. Payments in other currencies can take 2–4 business days.
What does each part of PASCITM1RM4 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 RM4 is the code of 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.