SWIFT/BIC code PASCITM1RMR
PASCITM1RMR belongs to Banca Monte Dei Paschi di Siena S.P.A. in Grottaferrata, Italy.
Code details
| SWIFT/BIC code | PASCITM1RMR |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | RMR |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | — |
| City | Grottaferrata |
| 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.
- RMR 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 SWIFT code PASCITM1RMR?
PASCITM1RMR is the SWIFT/BIC code of Banca Monte Dei Paschi di Siena S.P.A., a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Grottaferrata, Italy. Only use it if the account is held at this specific branch.
What happens if I enter PASCITM1RMR with a typo?
The payment may be delayed, returned or charged extra fees. Always check PASCITM1RMR with the recipient before you confirm.
What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?
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.
Can I use PASCITM1 instead of PASCITM1RMR?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1RMR is Banca Monte Dei Paschi di Siena S.P.A.. For a normal transfer the head office code is usually fine, but use PASCITM1RMR if the recipient asks for it.
How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PASCITM1RMR 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. If you send another currency you still need PASCITM1RMR.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.