SWIFT/BIC code TWOSITM1ASG
TWOSITM1ASG belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1ASG |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | ASG |
| Bank | Sgss SPA |
| Branch | — |
| City | Milano |
| Country | Italy |
How the Sgss SPA SWIFT/BIC is structured
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.
- ASG 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
What bank uses SWIFT code TWOSITM1ASG?
TWOSITM1ASG identifies Sgss SPA, a unit of Sgss SPA in Milano, Italy. Only use it if the account is held at this specific branch.
What is the cheapest way to send money to Sgss SPA in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
What does each part of TWOSITM1ASG stand for?
TWOS is the bank code of Sgss SPA, IT stands for Italy, M1 is the code for the city or region and ASG identifies the branch Sgss SPA.
What happens if I use TWOSITM1ASG incorrectly?
The payment may be delayed, returned or charged extra fees. Always check TWOSITM1ASG with the recipient before sending.
Has Sgss SPA got more SWIFT/BIC codes?
Yes, we list 57 SWIFT/BIC codes for Sgss SPA in Italy. All of them are listed on the page of Sgss SPA.
Can I use TWOSITM1 instead of TWOSITM1ASG?
TWOSITM1 is the head office of Sgss SPA, while TWOSITM1ASG is Sgss SPA. For a normal transfer the head office code is usually fine, yet use TWOSITM1ASG if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.