SWIFT/BIC code PTRNBMH1XXX
PTRNBMH1XXX belongs to Parsec Trading Corp in Hamilton, Bermuda.
Code details
| SWIFT/BIC code | PTRNBMH1XXX |
|---|---|
| 8-character code | PTRNBMH1 |
| Branch code | XXX |
| Bank | Parsec Trading Corp |
| Branch | Head office |
| City | Hamilton |
| Country | Bermuda |
The way the Parsec Trading Corp SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PTRN Bank code
- 4 letters that identify the bank.
- BM Country code
- 2 letters for the country (ISO 3166).
- H1 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 SWIFT code PTRNBMH1XXX?
PTRNBMH1XXX identifies the head office of Parsec Trading Corp in Hamilton, Bermuda. It is the code to use when you send money to an account at Parsec Trading Corp.
What is the best way to send money to Parsec Trading Corp in Bermuda?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Bermuda with specialist providers before you send – the difference can be large.
Is PTRNBMH1 and PTRNBMH1XXX the same code?
Yes, they are. PTRNBMH1 is the 8-character version of PTRNBMH1XXX. XXX simply refers to the head office, so either version will reach Parsec Trading Corp in Hamilton.
What do the letters in PTRNBMH1XXX stand for?
PTRN is the bank code of Parsec Trading Corp, BM stands for Bermuda, H1 is the location code and XXX means the head office.
Which details do I need to send money to an account at Parsec Trading Corp?
You need the SWIFT/BIC code PTRNBMH1XXX, the IBAN or local account number of the recipientand the name of the account holder. Bermuda is not part of SEPA, so the BIC is required.
How long does it take to send money to Parsec Trading Corp in Bermuda?
An international SWIFT transfer typically takes 2–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker and cheaper.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.