SWIFT/BIC code TWOSITM1BPL
TWOSITM1BPL belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1BPL |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | BPL |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Bpl |
| 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.
- BPL 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 is behind SWIFT/BIC code TWOSITM1BPL?
The code TWOSITM1BPL belongs to Sgss - T2s Party - Bpl, a unit 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.
Do I need TWOSITM1BPL to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need TWOSITM1BPL.
How long does it take to send money to Sgss SPA?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Can I use TWOSITM1 instead of TWOSITM1BPL?
TWOSITM1 is the main office of Sgss SPA, while TWOSITM1BPL points to Sgss - T2s Party - Bpl. Most international transfers work with the head office code, yet use TWOSITM1BPL if the recipient asks for it.
What is the cheapest way to send money to Sgss SPA?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.