SWIFT/BIC code TWOSITM1AST
TWOSITM1AST belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1AST |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | AST |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Ast |
| City | Milano |
| Country | Italy |
How the Sgss SPA SWIFT/BIC works
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.
- AST 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 TWOSITM1AST?
TWOSITM1AST identifies Sgss - T2s Party - Ast, a unit of Sgss SPA in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Can I use TWOSITM1 instead of TWOSITM1AST?
TWOSITM1 is the main office of Sgss SPA, while TWOSITM1AST is Sgss - T2s Party - Ast. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention TWOSITM1AST.
Do I need TWOSITM1AST for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need TWOSITM1AST.
How long does a transfer to Sgss SPA take in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Has Sgss SPA got more SWIFT/BIC codes?
Yes – we list 57 SWIFT/BIC codes for Sgss SPA in Italy. You can see them all on the bank page.
What happens if I use TWOSITM1AST incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check TWOSITM1AST against the details from Sgss SPA before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.