SWIFT/BIC code PHSSITM1XXX
PHSSITM1XXX belongs to Phoenix Spv S.r.l. in Milano, Italy.
Code details
| SWIFT/BIC code | PHSSITM1XXX |
|---|---|
| 8-character code | PHSSITM1 |
| Branch code | XXX |
| Bank | Phoenix Spv S.r.l. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
The way the Phoenix Spv S.r.l. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PHSS 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
What bank is behind BIC PHSSITM1XXX?
The code PHSSITM1XXX belongs to the head office of Phoenix Spv S.r.l. in Milano, Italy. Use it when you send money to an account at Phoenix Spv S.r.l..
Are PHSSITM1 and PHSSITM1XXX the same SWIFT code?
Yes. PHSSITM1 is the 8-character version of PHSSITM1XXX. XXX simply means head office, so either version will reach Phoenix Spv S.r.l. in Milano.
How long does it take to send money to Phoenix Spv S.r.l. in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PHSSITM1XXX to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need PHSSITM1XXX.
What is the cheapest way to send money to Phoenix Spv S.r.l.?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
Does Phoenix Spv S.r.l. use only one SWIFT/BIC code?
Yes, PHSSITM1XXX is the only SWIFT/BIC code listed for Phoenix Spv S.r.l. in Italy, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.