SWIFT/BIC code PASCITM1RMV
PASCITM1RMV belongs to Banca Monte Dei Paschi di Siena S.P.A. in Valmontone, Italy.
Code details
| SWIFT/BIC code | PASCITM1RMV |
|---|---|
| 8-character code | PASCITM1 |
| Branch code | RMV |
| Bank | Banca Monte Dei Paschi di Siena S.P.A. |
| Branch | Valmontone |
| City | Valmontone |
| 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.
- RMV 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/BIC code PASCITM1RMV?
The code PASCITM1RMV belongs to Valmontone, part of Banca Monte Dei Paschi di Siena S.P.A. in Valmontone, Italy. Only use it if the account is held at this specific branch.
How long does a transfer to Banca Monte Dei Paschi di Siena S.P.A. take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PASCITM1RMV to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need PASCITM1RMV.
Can I use PASCITM1 instead of PASCITM1RMV?
PASCITM1 points to the main office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM1RMV is Valmontone. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PASCITM1RMV.
What does each part of PASCITM1RMV mean?
PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT stands for Italy, M1 is the code for the city or region and RMV identifies the department Valmontone.
What happens if I use PASCITM1RMV incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PASCITM1RMV against the details from Banca Monte Dei Paschi di Siena S.P.A. before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.