SWIFT/BIC code TWOSITM1CHI
TWOSITM1CHI belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1CHI |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | CHI |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Chi |
| 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.
- CHI 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 TWOSITM1CHI?
TWOSITM1CHI is the SWIFT/BIC code of Sgss - T2s Party - Chi, part of Sgss SPA in Milano, Italy. Use this branch code only when the account is held at this specific branch.
What happens if I enter TWOSITM1CHI incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check TWOSITM1CHI with the recipient before sending.
Has Sgss SPA got more 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.
What is the best way to send money to Sgss SPA in Italy?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
Can I use TWOSITM1 instead of TWOSITM1CHI?
TWOSITM1 points to the main office of Sgss SPA, while TWOSITM1CHI is Sgss - T2s Party - Chi. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention TWOSITM1CHI.
Do I need TWOSITM1CHI for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need TWOSITM1CHI.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.