Question 1

What is the SWIFT code for MONTE PASCHI BANQUE S.A.?

Accepted Answer

The SWIFT/BIC code for MONTE PASCHI BANQUE S.A. is MONTFRPP. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to MONTE PASCHI BANQUE S.A.?

Accepted Answer

To send money internationally to MONTE PASCHI BANQUE S.A., provide your bank with the SWIFT/BIC code MONTFRPP (PARIS, France) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is MONTE PASCHI BANQUE S.A. a SEPA member?

Accepted Answer

Yes, MONTE PASCHI BANQUE S.A. is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code MONTFRPP mean?

Accepted Answer

In the BIC code MONTFRPP: "MONT" is the institution code identifying MONTE PASCHI BANQUE S.A., "FR" is the ISO 3166-1 country code for France, and "PP" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns MONTE PASCHI BANQUE S.A.?

Accepted Answer

MONTE PASCHI BANQUE S.A. is owned by Banca Monte dei Paschi di Siena S.p.A., a banking group based in Italy. MONTE PASCHI BANQUE S.A. is registered in France as a local entity, while its ultimate ownership sits with the parent group in Italy.

MONTFRPP

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