SWIFT/BIC code TWOSITM1BYB
TWOSITM1BYB belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1BYB |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | BYB |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Byb |
| City | Milano |
| Country | Italy |
How 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.
- BYB 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 code TWOSITM1BYB?
TWOSITM1BYB identifies Sgss - T2s Party - Byb, part of Sgss SPA in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Has Sgss SPA got more SWIFT/BIC codes?
Yes, we list 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.
How long does a transfer to Sgss SPA take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need TWOSITM1BYB for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need TWOSITM1BYB.
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. Check what you receive in Euro with transfer services before you send.
Can I use TWOSITM1 instead of TWOSITM1BYB?
TWOSITM1 is the head office of Sgss SPA, while TWOSITM1BYB is Sgss - T2s Party - Byb. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention TWOSITM1BYB.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.