SWIFT/BIC code TWOSITM1FDE

TWOSITM1FDE belongs to Sgss SPA in Milano, Italy.

TWOSITM1FDE

Code details

SWIFT/BIC codeTWOSITM1FDE
8-character codeTWOSITM1
Branch codeFDE
BankSgss SPA
BranchSgss - T2s Party - Fde
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.
FDE 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

What bank uses SWIFT code TWOSITM1FDE?

TWOSITM1FDE identifies Sgss - T2s Party - Fde, part of Sgss SPA in Milano, Italy. Use this branch code only when the account is held at this specific branch.

Does Sgss SPA have other SWIFT/BIC codes?

Yes, our database contains 57 SWIFT/BIC codes for Sgss SPA in Italy. You can see them all on the bank page.

Do I need TWOSITM1FDE to send euros to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need TWOSITM1FDE.

How long does it take to send money to Sgss SPA in Italy?

Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.

Can I use TWOSITM1 instead of TWOSITM1FDE?

TWOSITM1 is the main office of Sgss SPA, while TWOSITM1FDE points to Sgss - T2s Party - Fde. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention TWOSITM1FDE.

What is the best way to send money to Sgss SPA?

Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services 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.