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SWIFT/BIC code TWOSITM1FCN

TWOSITM1FCN belongs to Sgss SPA in Milano, Italy.

TWOSITM1FCN

Code details

SWIFT/BIC codeTWOSITM1FCN
8-character codeTWOSITM1
Branch codeFCN
BankSgss SPA
BranchSgss - T2s Party - Fcn
CityMilano
CountryItaly

The way 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.
FCN 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 TWOSITM1FCN?

TWOSITM1FCN identifies Sgss - T2s Party - Fcn, part of Sgss SPA in Milano, Italy. Use this branch code only when the account is held at this specific branch.

What does each part of TWOSITM1FCN mean?

TWOS is the bank code of Sgss SPA, IT is the ISO code of Italy, M1 is the location code and FCN identifies the department Sgss - T2s Party - Fcn.

Has Sgss SPA got more SWIFT/BIC codes?

Yes, our database contains 57 SWIFT/BIC codes for Sgss SPA in Italy. All of them are listed on the page of Sgss SPA.

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

Can I use TWOSITM1 instead of TWOSITM1FCN?

TWOSITM1 points to the head office of Sgss SPA, while TWOSITM1FCN is Sgss - T2s Party - Fcn. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention TWOSITM1FCN.

Do I need TWOSITM1FCN for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need TWOSITM1FCN.

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