SWIFT/BIC code PHFSITM1XXX
PHFSITM1XXX belongs to Pharma Finance 2 S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | PHFSITM1XXX |
|---|---|
| 8-character code | PHFSITM1 |
| Branch code | XXX |
| Bank | Pharma Finance 2 S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Pharma Finance 2 S.r.l. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PHFS 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.
- XXX 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 institution is behind SWIFT/BIC code PHFSITM1XXX?
PHFSITM1XXX identifies the main office of Pharma Finance 2 S.r.l. in Milano, Italy. It is the code to use when a payment to Pharma Finance 2 S.r.l. does not need a specific branch.
What happens if I use PHFSITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check PHFSITM1XXX with the recipient before you confirm.
Does Pharma Finance 2 S.r.l. use only one SWIFT/BIC code?
Yes, PHFSITM1XXX is the only SWIFT/BIC code we have for Pharma Finance 2 S.r.l. in Italy, so there is no branch code to choose.
What does each part of PHFSITM1XXX mean?
PHFS is the bank code of Pharma Finance 2 S.r.l., IT is the ISO code of Italy, M1 is the location code and XXX marks the main office.
Are PHFSITM1 and PHFSITM1XXX the same SWIFT code?
Yes, they are. PHFSITM1 is the short version of PHFSITM1XXX. XXX simply refers to the head office, so either version routes your payment to Pharma Finance 2 S.r.l. in Milano.
Do I need PHFSITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PHFSITM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.