SWIFT/BIC code TWOSITM1INA
TWOSITM1INA belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1INA |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | INA |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Ina |
| City | Milano |
| Country | Italy |
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.
- INA 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 is behind BIC TWOSITM1INA?
TWOSITM1INA is the SWIFT/BIC code of Sgss - T2s Party - Ina, a branch or department of Sgss SPA in Milano, Italy. Only use it if the account is held at this specific branch.
What happens if I enter TWOSITM1INA incorrectly?
The payment may be delayed, returned or charged extra fees. Always check TWOSITM1INA against the details from Sgss SPA before you confirm.
How long does a transfer to Sgss SPA take?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
What does each part of TWOSITM1INA stand for?
TWOS is the bank code of Sgss SPA, IT is the ISO code of Italy, M1 is the location code and INA is the code of the branch Sgss - T2s Party - Ina.
Do I need TWOSITM1INA to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need TWOSITM1INA.
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. Check what you receive in Euro with specialist providers 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.