SWIFT/BIC code TWOSITM1FDP
TWOSITM1FDP belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1FDP |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | FDP |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Fdp |
| 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.
- FDP 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 SWIFT code TWOSITM1FDP?
TWOSITM1FDP is the SWIFT/BIC code of Sgss - T2s Party - Fdp, a unit of Sgss SPA in Milano, Italy. Only use it if the account is held at this specific branch.
Can I use TWOSITM1 instead of TWOSITM1FDP?
TWOSITM1 points to the main office of Sgss SPA, while TWOSITM1FDP is Sgss - T2s Party - Fdp. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention TWOSITM1FDP.
What is the best way to send money to Sgss SPA?
Banks often add several percent 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.
Does Sgss SPA have other SWIFT/BIC codes?
Yes, we list 57 SWIFT/BIC codes for Sgss SPA in Italy, for the head office and several branches or departments. All of them are listed on the page of Sgss SPA.
What happens if I use TWOSITM1FDP incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check TWOSITM1FDP with the recipient before you confirm.
Do I need TWOSITM1FDP to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need TWOSITM1FDP.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.