SWIFT/BIC code TWOSITM1BAE
TWOSITM1BAE belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1BAE |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | BAE |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Bae |
| 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.
- BAE 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 uses BIC TWOSITM1BAE?
TWOSITM1BAE identifies Sgss - T2s Party - Bae, part of Sgss SPA in Milano, Italy. Only use it if the account is held at this specific branch.
Does Sgss SPA have other SWIFT/BIC codes?
Yes, our database contains 57 SWIFT/BIC codes for Sgss SPA in Italy, for the head office and several branches or departments. You can see them all on the bank page.
What is the best way to send money to Sgss SPA in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.
How long does a transfer to Sgss SPA take in Italy?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Do I need TWOSITM1BAE to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need TWOSITM1BAE.
Can I use TWOSITM1 instead of TWOSITM1BAE?
TWOSITM1 is the head office of Sgss SPA, while TWOSITM1BAE points to Sgss - T2s Party - Bae. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention TWOSITM1BAE.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.