SWIFT/BIC code TWOSITM1CFE
TWOSITM1CFE belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1CFE |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | CFE |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Cfe |
| 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.
- CFE 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 BIC TWOSITM1CFE?
TWOSITM1CFE is the SWIFT/BIC code of Sgss - T2s Party - Cfe, part 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 TWOSITM1CFE?
TWOSITM1 is the main office of Sgss SPA, while TWOSITM1CFE is Sgss - T2s Party - Cfe. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention TWOSITM1CFE.
What does each part of TWOSITM1CFE stand for?
TWOS is the bank code of Sgss SPA, IT is the ISO code of Italy, M1 is the location code and CFE is the code of the department Sgss - T2s Party - Cfe.
Has Sgss SPA got other 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.
What is the cheapest way to send money to Sgss SPA in Italy?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.
Do I need TWOSITM1CFE to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need TWOSITM1CFE.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.