SWIFT/BIC code TWOSITM1BDR
TWOSITM1BDR belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1BDR |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | BDR |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Bdr |
| City | Milano |
| Country | Italy |
The way 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.
- BDR 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 TWOSITM1BDR?
TWOSITM1BDR is the SWIFT/BIC code of Sgss - T2s Party - Bdr, a branch or department 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. Check what you receive in Euro with transfer services before you send.
Do I need TWOSITM1BDR for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need TWOSITM1BDR.
How long does a transfer to Sgss SPA take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What does each part of TWOSITM1BDR stand for?
TWOS is the bank code of Sgss SPA, IT is the ISO code of Italy, M1 is the location code and BDR identifies the department Sgss - T2s Party - Bdr.
Does Sgss SPA have more 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. All of them are listed on the page of Sgss SPA.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.