SWIFT/BIC code TWOSITM1BSI
TWOSITM1BSI belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1BSI |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | BSI |
| Bank | Sgss SPA |
| Branch | — |
| City | Milano |
| Country | Italy |
The way the Sgss SPA SWIFT/BIC is built up
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.
- BSI 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 SWIFT/BIC code TWOSITM1BSI?
TWOSITM1BSI identifies Sgss SPA, a branch or department of Sgss SPA in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use TWOSITM1BSI with a typo?
The payment may be delayed, returned or charged extra fees. Double-check TWOSITM1BSI with the recipient before you confirm.
Do I need TWOSITM1BSI to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need TWOSITM1BSI.
Does Sgss SPA have more SWIFT/BIC codes?
Yes – our database contains 57 SWIFT/BIC codes for Sgss SPA in Italy. All of them are listed on the page of Sgss SPA.
How long does a transfer to Sgss SPA take?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Can I use TWOSITM1 instead of TWOSITM1BSI?
TWOSITM1 points to the main office of Sgss SPA, while TWOSITM1BSI points to Sgss SPA. Most international transfers work with the head office code, but use TWOSITM1BSI if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.