Where is STIPPS21 located?

The registered address on file for STIPPS21 is RAFAT STREET RAMALLAH 0000, PALESTINE, STATE OF.

What is the 11-character version of STIPPS21?

The 8-character form is STIPPS21 and the 11-character form is STIPPS21XXX. A BIC ending in XXX refers to the head office. Banks that accept the 8-character form treat it as identical to the XXX form.

Is STIPPS21 a head office or a branch code?

STIPPS21 identifies the head office of SAHEM TRADING AND INVESTMENT COMPANY.

STIPPS21

SAHEM TRADING AND INVESTMENT COMPANY, BIC/SWIFT Code Details

STIPPS21 is the SWIFT/BIC code for SAHEM TRADING AND INVESTMENT COMPANY in Palestine. It identifies the head office. The 8-character form is STIPPS21 and the 11-character form is STIPPS21XXX.

Address: RAFAT STREET RAMALLAH 0000, PALESTINE, STATE OF

Analyze and plan cross-border transactions

Ohm reads your pacs.008, validates the beneficiary bank, checks the route and its correspondents, prepares the invoice and finds the right HS code.

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pacs.008.xml invoice.pdf

Can you analyze those documents?

Looks fine:

Beneficiary bank BIC and IBAN both check out
Payment route One correspondent, arrives next business day
Invoice Matches the amount and both parties
HS code Use 8471.30 for these goods, not ~~8473.30~~

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Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.

Frequently asked questions

What bank does STIPPS21 belong to?: STIPPS21 is the SWIFT/BIC code for SAHEM TRADING AND INVESTMENT COMPANY in Palestine.
Where is STIPPS21 located?: The registered address on file for STIPPS21 is RAFAT STREET RAMALLAH 0000, PALESTINE, STATE OF.
What is the 11-character version of STIPPS21?: The 8-character form is STIPPS21 and the 11-character form is STIPPS21XXX. A BIC ending in XXX refers to the head office. Banks that accept the 8-character form treat it as identical to the XXX form.
Is STIPPS21 a head office or a branch code?: STIPPS21 identifies the head office of SAHEM TRADING AND INVESTMENT COMPANY.

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Disclaimers

We are doing our best to demystify cross-border payments, however Ohmyfin is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive safe advice.