SWIFT/BIC code TWOSITM1CIB

TWOSITM1CIB belongs to Sgss SPA in Milano, Italy.

TWOSITM1CIB

Code details

SWIFT/BIC codeTWOSITM1CIB
8-character codeTWOSITM1
Branch codeCIB
BankSgss SPA
BranchSgss - T2s Party - CIB
CityMilano
CountryItaly

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.
CIB 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 code TWOSITM1CIB?

TWOSITM1CIB is the SWIFT/BIC code of Sgss - T2s Party - CIB, part of Sgss SPA in Milano, Italy. Only use it if the account is held at this specific branch.

Can I use TWOSITM1 instead of TWOSITM1CIB?

TWOSITM1 points to the main office of Sgss SPA, while TWOSITM1CIB points to Sgss - T2s Party - CIB. For a normal transfer the head office code is usually fine, yet use TWOSITM1CIB if the recipient asks for it.

Has Sgss SPA got other SWIFT/BIC codes?

Yes – we list 57 SWIFT/BIC codes for Sgss SPA in Italy. You can see them all on the bank page.

What do the letters in TWOSITM1CIB mean?

TWOS is the institution code of Sgss SPA, IT is the ISO code of Italy, M1 is the code for the city or region and CIB identifies the branch Sgss - T2s Party - CIB.

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 the amount that arrives in Euro with specialist providers before you send – the difference can be large.

What happens if I enter TWOSITM1CIB with a typo?

The payment may be delayed, returned or charged extra fees. Always check TWOSITM1CIB against the details from Sgss SPA before you confirm.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.