SWIFT/BIC code TWOSITM1AGR
TWOSITM1AGR belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1AGR |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | AGR |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Agr |
| City | Milano |
| Country | Italy |
The way the Sgss SPA SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TWOS 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.
- AGR 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 branch is behind SWIFT/BIC code TWOSITM1AGR?
TWOSITM1AGR is the SWIFT/BIC code of Sgss - T2s Party - Agr, a unit of Sgss SPA in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
How long does a transfer to Sgss SPA take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need TWOSITM1AGR to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you still need TWOSITM1AGR.
Can I use TWOSITM1 instead of TWOSITM1AGR?
TWOSITM1 is the head office of Sgss SPA, while TWOSITM1AGR points to Sgss - T2s Party - Agr. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention TWOSITM1AGR.
What happens if I use TWOSITM1AGR incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check TWOSITM1AGR with the recipient before you confirm.
What is the cheapest way to send money to Sgss SPA?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.