SWIFT/BIC code TWOSITM1IVS
TWOSITM1IVS belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1IVS |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | IVS |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Ivs |
| City | Milano |
| Country | Italy |
The way 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.
- IVS 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 is behind BIC TWOSITM1IVS?
TWOSITM1IVS identifies Sgss - T2s Party - Ivs, part of Sgss SPA in Milano, Italy. Use this branch code only when the account is held at this specific branch.
Can I use TWOSITM1 instead of TWOSITM1IVS?
TWOSITM1 points to the head office of Sgss SPA, while TWOSITM1IVS is Sgss - T2s Party - Ivs. Most international transfers work with the head office code, but use TWOSITM1IVS if the recipient asks for it.
What is the best way to send money to Sgss SPA?
Many banks 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 more 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.
What do the letters in TWOSITM1IVS mean?
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 IVS is the code of the branch Sgss - T2s Party - Ivs.
How long does it take to send money to Sgss SPA in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.