Phanq can mean many things such as:-

Professional
High
Topclass
Great
Powerfull

You pronounce it as 'fhanq' but It's spelt as 'phanq'.

It is not supposed to be pronounced as 'thank you'.
There is a gaming team named 'phanq'.

Check the dedinition for the reason why.
by Jimmy_Hill December 30, 2006
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