SWIFT/BIC code TWOSITM1FOE
TWOSITM1FOE belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1FOE |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | FOE |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Foe |
| City | Milano |
| Country | Italy |
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.
- FOE 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 BIC TWOSITM1FOE?
TWOSITM1FOE identifies Sgss - T2s Party - Foe, a branch or department of Sgss SPA in Milano, Italy. Only use it if the account is held at this specific branch.
Can I use TWOSITM1 instead of TWOSITM1FOE?
TWOSITM1 is the head office of Sgss SPA, while TWOSITM1FOE is Sgss - T2s Party - Foe. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention TWOSITM1FOE.
Has Sgss SPA got other 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 happens if I use TWOSITM1FOE with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check TWOSITM1FOE against the details from Sgss SPA before sending.
How long does it take to send money to Sgss SPA in Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Do I need TWOSITM1FOE to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need TWOSITM1FOE.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.