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SWIFT/BIC code TWOSITM1EUF

TWOSITM1EUF belongs to Sgss SPA in Milano, Italy.

TWOSITM1EUF

Code details

SWIFT/BIC codeTWOSITM1EUF
8-character codeTWOSITM1
Branch codeEUF
BankSgss SPA
BranchSgss - T2s Party - Eur
CityMilano
CountryItaly

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.
EUF 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 bank uses SWIFT/BIC code TWOSITM1EUF?

The code TWOSITM1EUF belongs to Sgss - T2s Party - Eur, 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. All of them are listed on the page of Sgss SPA.

What does each part of TWOSITM1EUF mean?

TWOS is the bank code of Sgss SPA, IT stands for Italy, M1 is the location code and EUF identifies the branch Sgss - T2s Party - Eur.

Can I use TWOSITM1 instead of TWOSITM1EUF?

TWOSITM1 points to the main office of Sgss SPA, while TWOSITM1EUF is Sgss - T2s Party - Eur. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention TWOSITM1EUF.

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 TWOSITM1EUF to send euros to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you still need TWOSITM1EUF.

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