SWIFT/BIC code TWOSITM1FAS
TWOSITM1FAS belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1FAS |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | FAS |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Fas |
| City | Milano |
| Country | Italy |
How the Sgss SPA SWIFT/BIC is built up
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.
- FAS 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 TWOSITM1FAS?
The code TWOSITM1FAS belongs to Sgss - T2s Party - Fas, a unit 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. You can see them all on the bank page.
What do the letters in TWOSITM1FAS stand for?
TWOS is the institution code of Sgss SPA, IT stands for Italy, M1 is the code for the city or region and FAS identifies the department Sgss - T2s Party - Fas.
Can I use TWOSITM1 instead of TWOSITM1FAS?
TWOSITM1 points to the main office of Sgss SPA, while TWOSITM1FAS is Sgss - T2s Party - Fas. For a normal transfer the head office code is usually fine, but use TWOSITM1FAS if the recipient asks for it.
What is the cheapest way to send money to Sgss SPA?
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.
What happens if I use TWOSITM1FAS with a typo?
The payment may be delayed, returned or charged extra fees. Always check TWOSITM1FAS with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.