SWIFT/BIC code TWOSITM1BBH
TWOSITM1BBH belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1BBH |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | BBH |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Bbh |
| City | Milano |
| Country | Italy |
The way 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.
- BBH 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 SWIFT/BIC code TWOSITM1BBH?
The code TWOSITM1BBH belongs to Sgss - T2s Party - Bbh, part of Sgss SPA in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
How long does it take to send money to Sgss SPA?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Do I need TWOSITM1BBH to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need TWOSITM1BBH.
What is the best way to send money to Sgss SPA?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
Can I use TWOSITM1 instead of TWOSITM1BBH?
TWOSITM1 is the main office of Sgss SPA, while TWOSITM1BBH points to Sgss - T2s Party - Bbh. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention TWOSITM1BBH.
What does each part of TWOSITM1BBH mean?
TWOS is the bank code of Sgss SPA, IT stands for Italy, M1 is the code for the city or region and BBH is the code of the branch Sgss - T2s Party - Bbh.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.