SWIFT/BIC code PHNLITM1XXX
PHNLITM1XXX belongs to Pharma Finance 3 SRL in Milano, Italy.
Code details
| SWIFT/BIC code | PHNLITM1XXX |
|---|---|
| 8-character code | PHNLITM1 |
| Branch code | XXX |
| Bank | Pharma Finance 3 SRL |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Pharma Finance 3 SRL SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PHNL 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 bank uses BIC PHNLITM1XXX?
PHNLITM1XXX is the SWIFT/BIC code of the head office of Pharma Finance 3 SRL in Milano, Italy. It is the code to use when you send money to an account at Pharma Finance 3 SRL.
What do the letters in PHNLITM1XXX mean?
PHNL is the institution code of Pharma Finance 3 SRL, IT is the ISO code of Italy, M1 is the code for the city or region and XXX means the head office.
Do I need PHNLITM1XXX to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need PHNLITM1XXX.
How long does a transfer to Pharma Finance 3 SRL take in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Are PHNLITM1 and PHNLITM1XXX the same code?
Yes. PHNLITM1 is the 8-character version of PHNLITM1XXX. The XXX at the end only refers to the head office, so both routes your payment to Pharma Finance 3 SRL in Milano.
What is the cheapest way to send money to Pharma Finance 3 SRL?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.