SWIFT/BIC code TWOSITM1FEB
TWOSITM1FEB belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1FEB |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | FEB |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Feb |
| 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.
- FEB 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 BIC TWOSITM1FEB?
The code TWOSITM1FEB belongs to Sgss - T2s Party - Feb, a branch or department of Sgss SPA in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use TWOSITM1FEB with a typo?
Your transfer can bounce, get stuck or cost extra. Always check TWOSITM1FEB against the details from Sgss SPA before sending.
What does each part of TWOSITM1FEB stand for?
TWOS is the institution code of Sgss SPA, IT is the ISO code of Italy, M1 is the code for the city or region and FEB identifies the department Sgss - T2s Party - Feb.
Has Sgss SPA got more SWIFT/BIC codes?
Yes – our database contains 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.
Can I use TWOSITM1 instead of TWOSITM1FEB?
TWOSITM1 is the main office of Sgss SPA, while TWOSITM1FEB points to Sgss - T2s Party - Feb. For a normal transfer the head office code is usually fine, but use TWOSITM1FEB if the recipient asks for it.
What is the cheapest way to send money to Sgss SPA in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives 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.