Extension of validity and reissuing T/Q checks
Services to the public
Treasury Services for Private Users
The Treasury Service is provided exclusively for the Public Administration; however, it is possible to visit the Central Bank counter in the following cases:
- extension of validity, change of payee, and reissuance of Traenza/Quietanza checks issued by the Central Bank;
- payment of collection reversals issued by the Entities;
- collections related to expropriation files by the State.
Traenza and Quietance (T/Q) checks:
- validity extension: some PA payments are made by sending the payee by mail a Traenza/Quietanza check with a validity duration of 60 days; during this time Traenza/Quietanza checks can be cashed at any bank counter.
If the check has expired, in order to cash it, the payee must go to the Treasury Service counter with the check and a valid ID to postpone its expiration; - change of beneficiary: if the beneficiary of the bond is not in a position to cash it personally, it is necessary to contact the institution that ordered its issuance;
- reissuance due to loss/stolen: Traenza/Quietanza checks are characterized by "non-transferability" therefore they can only be paid to the payee. In case of theft or loss in order to obtain the reissuance of the credit instrument and the blocking of the lost or stolen one, it is necessary to make a special report to the police and, subsequently, to go to the Treasury Service counter equipped with the report and an identification document;
- reissuance due to non-receipt: In the face of non-receipt of the check, it is possible to go to the Treasury Department counter with an identification document in order to fill out appropriate indemnity to request its reissuance under one's own responsibility;
- cancelled check: If the payee of a check, issued by CBSM on behalf of the institution, has failed to place the security for collection within 2 years of its issuance it is cancelled and the amount is credited back to the institution that arranged for its payment. In such a case, the beneficiary must go to the Directorate of Public Finance if issued by the Most Excellent Chamber, or the competent Office of the issuing Entity in other cases, in order to request its reissuance.
Payments by the user
If you have not received a payment notice or have lost it, you can go to any bank counter in the Republic of San Marino to make payment using the appropriate forms available at them. Some forms are also available under the forms section at www.bcsm.sm.
To facilitate the successful completion of the payment, it is advisable to always pay the utmost attention when filling out the form by indicating the exact references and in particular the exact area code and reason for payment.
In the absence of forms, payment can also be made by bank transfer, taking care to specify the exact area code and reason for reference.
Users are invited to always pay the utmost attention to the possible deadline reported on the payment forms sent by the Public Offices: payments made after the deadline reported on the notice may in fact give rise to the application of penalties and/or interest on arrears and may be rejected by the Authority.
Direct Debit
For greater convenience, it is possible to pay utilities in favor of Public Bodies by instructing your bank to make a pre-authorized debit (direct debit). Listed below are the types of utilities and the method of making the debit:
| TAX TYPE | OFFICE / ENTITY | WHERE TO MAKE THE ARRANGEMENT |
|---|---|---|
| Utilities Electricity, Water, Gas, Environmental Tax, Municipal Waste Collection. | A.A.S.S. | A.A.S.S. |
| Single Tax Folder | State Tax Collector's Office | Registry and Registrar's Office |
| School Refectory - Elementary Schools | Elementary Schools Directorate | Elementary Schools Directorate |
| School Cafeterias - Preschools | Preschools Direction | Preschools Direction |
| School Refectory - Nursery Schools | Nursery Schools Direction | Nursery Schools Directorate |
| Employee Contributions (Caregivers) | ISS | ISS - Accounting |
| Retired | ISS | ISS - Accounting |
| Elderly Home Service | ISS | ISS - Accounting |
| Center for the disabled "The Colors of the Grain" | ISS | ISS - Accounting |
| "The Libeccio" center | ISS | ISS - Accounting |
Payments by bank transfer
In the absence of forms or for payment notices from Italy or other foreign countries, a bank transfer can be made. To request domestic or international bank details: contact the Treasury Department.
Tel: 0549 88.2479 (from Italy) + 378 88.2479 (from other countries)
e-mail: tesoreria@bcsm.sm
The correct area code and reason for the tax for which the payment is being made must be indicated in the reason for payment.
Payments arranged by Authorities and Autonomous Companies in favor of private users.
As part of the Single Treasury Service, CBSM handles the execution of payments arranged by Public Entities including salaries of public employees, pensions, tax and fee refunds, contributions, grants, etc.
The payment methods and beneficiary information are communicated by the Entity to the Central Bank; the latter cannot change this information in any way except at the request of the Entity.
The payment methods used by the Public Administration are:
- bank transfer;
- Traenza/Quietance Check.
The recipient of the payment is informed of the disbursement by written notice sent by mail.
Salary/Pension Payments
Salaries of employees of the State and Public Entities, and all pensions, are paid through Treasury Service at the arrangement of the Entities with value date equal to the 27th day of the relevant month, if not a holiday. Wages of employees of the State Public Works Authority shall be paid with value date equal to the 10th day of the month following the reference month, if not a holiday. In the event that the 27th or 10th day of the month coincides with a Saturday, Sunday or public holiday, the credit is advanced to the previous business day.
Please note that the bank transfer is the easiest and safest payment instrument, therefore, beneficiaries of Traenza/Quietanza checks are invited to request the Institution for a change in the method of collection of the emoluments in their favor.Any change in personal data or different bank clearance must be communicated by the beneficiary directly to the public office that arranges the payment of the emolument.