Parhelion, LTD. SWIFT/BIC code

PAHHKYK1 – the SWIFT/BIC code of Parhelion, LTD.

Whether you are given PAHHKYK1 or PAHHKYK1XXX, it is the same identifier for Parhelion, LTD. in Cayman Islands. A SWIFT code shows the sending bank which institution should receive the money, much like a postcode for banks. In daily life you mostly see it on international invoices, in your banking app and on the account details of Parhelion, LTD. customers.

We wrote this page to help people who pays into an account at Parhelion, LTD. and wants to get the details right. The BIC names a bank or branch, not a single account.

International transfers from Parhelion, LTD.: the real cost

If you send money abroad through Parhelion, LTD., the visible fee is rarely all of the cost. On top of the transfer fee, correspondent or intermediary banks may deduct a fee, and if currencies are converted the bank usually applies a rate that is less favourable than the real market rate.

That exchange rate margin tends to be the largest cost. An easy check: put the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services frequently use rates closer to the mid-market rate with clearer fees. GoldexPay compares transfer providers next to each other, showing the amount the recipient gets for the same amount sent. You can always keep your account at Parhelion, LTD. as the source of the money; only the conversion and sending happen elsewhere.

Receiving money from abroad at Parhelion, LTD.

When you expect money from abroad, send the payer a complete set of details. Give them the account holder’s name, your account number or IBAN, the BIC PAHHKYK1XXX and your address, which some banks require.

The sender’s bank might request the bank address of Parhelion, LTD., in which case the Georgetown head office is the usual answer. A mistake in the IBAN is harder to fix than you might think.

The amount you receive can be lower than what was sent. Fees for incoming transfers differ from bank to bank. Make clear with the sender who pays which costs.

Scams that use SWIFT codes

Scammers often use fake invoices with changed bank details, sometimes in an email that looks completely genuine. A real SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Always confirm changed bank details through a phone call on a number you know, not one from the message. Watch out for time pressure, odd spelling or an email address that differs by one letter. Acted too fast? Contact the bank you paid from without delay and have them start a recall and report the fraud.

Recipients can be targeted as well: a classic trick is an overpayment and then sends a request to send back the difference to another account. A payment confirmation from the sender proves nothing – check your own account.

Where our SWIFT data comes from

The codes here come from publicly available data. Institutions reorganise, change names and change codes, and a directory never catches every change immediately. Counts and locations are from our own dataset and may differ from what Parhelion, LTD. publishes.

Treat the information on this page as a helpful check and rely on the recipient or Parhelion, LTD. for the final confirmation. GoldexPay is an independent comparison service for money transfers and not affiliated with Parhelion, LTD.. Spotted an error? Tell us via our contact form.

Why Parhelion, LTD. has an 8- and an 11-character code

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. Together, these eight characters make up PAHHKYK1 – the version you usually see online.

Many banks and apps work with both lengths. If a form requires eleven characters, use PAHHKYK1XXX, otherwise PAHHKYK1 is fine.

Do not add spaces, dots when you enter PAHHKYK1. Watch for O versus 0 and the letter I and the digit 1, a common source of typos.

Verifying the SWIFT code of Parhelion, LTD.

The best place to find the correct BIC remains a document from the bank itself, such as a statement or the account details in online banking. If the code you have does not match PAHHKYK1 or PAHHKYK1XXX, stop and ask: check with the recipient or with Parhelion, LTD. directly.

A wrong SWIFT code can cause a delay, a returned payment or extra fees. Do not forget the account number: an error there is harder to correct than a wrong BIC.

Many banking apps validate the structure of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. If your bank offers it, a name check on the recipient gives extra certainty. For a first payment, some people send a small test amount.

When will the money arrive at Parhelion, LTD.?

How quickly a transfer arrives at Parhelion, LTD. is determined by several factors: the currency, the number of banks in between, cut-off times and differences in time zone. Payments made late in the day or just before weekends and holidays usually go out the next business day. Compliance checks by one of the banks can also add a delay.

If the money seems delayed, contact the sending bank for the status; with that reference banks can see where the payment is. Save the payment confirmation until the money has arrived; it contains the details a bank needs to start a trace.

If a payment has not arrived within the expected time, the sender needs to contact their own bank. On the receiving end, it helps to look at your account for a partial amount because fees can reduce the amount.

Parhelion, LTD.: head office code versus branch codes

Parhelion, LTD. has 2 different SWIFT/BIC codes across 1 locations. One of them is the head office code, PAHHKYK1XXX; the others identify branches or departments.

For the vast majority of incoming transfers, the head office code PAHHKYK1XXX works fine. Just use a branch code when your contact gives you that exact code.

When in doubt, check with the recipient for the exact BIC in their bank details. Codes can change when banks reorganise, so a code from an old document is not always valid.