SWIFT/BIC code TWICITM1XXX
TWICITM1XXX belongs to Twice Sim SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWICITM1XXX |
|---|---|
| 8-character code | TWICITM1 |
| Branch code | XXX |
| Bank | Twice Sim SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Twice Sim SPA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TWIC Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 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
Which bank uses BIC TWICITM1XXX?
The code TWICITM1XXX belongs to the main office of Twice Sim SPA in Milano, Italy. Use it when a payment to Twice Sim SPA does not need a specific branch.
What does each part of TWICITM1XXX stand for?
TWIC is the institution code of Twice Sim SPA, IT stands for Italy, M1 is the location code and XXX marks the main office.
Do I need TWICITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need TWICITM1XXX.
How long does it take to send money to Twice Sim SPA?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Are TWICITM1 and TWICITM1XXX the same SWIFT code?
Yes, they are. TWICITM1 is the short version of TWICITM1XXX. XXX simply means head office, so both will reach Twice Sim SPA in Milano.
What happens if I use TWICITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check TWICITM1XXX with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.