SWIFT/BIC code TWOSITM1BFA
TWOSITM1BFA belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1BFA |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | BFA |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Bfa |
| 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.
- BFA 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/BIC code TWOSITM1BFA?
TWOSITM1BFA identifies Sgss - T2s Party - Bfa, a unit of Sgss SPA in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
Can I use TWOSITM1 instead of TWOSITM1BFA?
TWOSITM1 is the head office of Sgss SPA, while TWOSITM1BFA is Sgss - T2s Party - Bfa. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention TWOSITM1BFA.
What does each part of TWOSITM1BFA stand for?
TWOS is the institution code of Sgss SPA, IT stands for Italy, M1 is the code for the city or region and BFA is the code of the department Sgss - T2s Party - Bfa.
What happens if I enter TWOSITM1BFA with a typo?
The payment may be delayed, returned or charged extra fees. Double-check TWOSITM1BFA against the details from Sgss SPA before sending.
Does Sgss SPA have 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.
Do I need TWOSITM1BFA for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need TWOSITM1BFA.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.