SWIFT/BIC code TWOSITM1CND
TWOSITM1CND belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1CND |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | CND |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Crf |
| 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.
- CND 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 TWOSITM1CND?
TWOSITM1CND identifies Sgss - T2s Party - Crf, a branch or department of Sgss SPA in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
How long does a transfer to Sgss SPA take in Italy?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Do I need TWOSITM1CND 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 do need TWOSITM1CND.
What does each part of TWOSITM1CND mean?
TWOS is the bank code of Sgss SPA, IT is the ISO code of Italy, M1 is the location code and CND is the code of the branch Sgss - T2s Party - Crf.
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 is the cheapest way to send money to Sgss SPA in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.