SWIFT Code ITBCGMGM — BANK PHB (GAMBIA) LIMITED, BANJUL

About SWIFT Code ITBCGMGM — BANK PHB (GAMBIA) LIMITED, BANJUL

SWIFT code ITBCGMGM is the official 8-character head-office BIC (Bank Identifier Code) for BANK PHB (GAMBIA) LIMITED in BANJUL, Gambia. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANK PHB (GAMBIA) LIMITED for all outward international remittances from BANJUL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code ITBCGMGM

The code ITBCGMGM follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code ITBCGMGM

Receiving International Wire Transfers

To receive money from abroad at your BANK PHB (GAMBIA) LIMITED account in BANJUL, share SWIFT code ITBCGMGM with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANK PHB (GAMBIA) LIMITED, BANJUL must provide SWIFT code ITBCGMGM. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANK PHB (GAMBIA) LIMITED in BANJUL rely on SWIFT code ITBCGMGM for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANK PHB (GAMBIA) LIMITED →

For cheque clearing or NACH mandates, use the MICR code for BANK PHB (GAMBIA) LIMITED →

For TDS challan deposits, find the BSR code for BANK PHB (GAMBIA) LIMITED →

How SWIFT Code ITBCGMGM Routes an International Transfer

1. Initiation: The sender provides SWIFT code ITBCGMGM and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANK PHB (GAMBIA) LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANK PHB (GAMBIA) LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code ITBCGMGM

• Spaces or lowercase letters — Always enter ITBCGMGM uppercase with no spaces.
• Using the wrong city — This code is for BANJUL only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Gambia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm ITBCGMGM directly with BANK PHB (GAMBIA) LIMITED's BANJUL branch or via the SWIFT BIC Directory.