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SWIFT/BIC code TWOSITM1NOT

TWOSITM1NOT belongs to Sgss SPA in Milano, Italy.

TWOSITM1NOT

Code details

SWIFT/BIC codeTWOSITM1NOT
8-character codeTWOSITM1
Branch codeNOT
BankSgss SPA
Branch—
CityMilano
CountryItaly

The way the Sgss SPA SWIFT/BIC works

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.
NOT 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 TWOSITM1NOT?

TWOSITM1NOT is the SWIFT/BIC code of Sgss SPA, a branch or department 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 TWOSITM1NOT?

TWOSITM1 points to the main office of Sgss SPA, while TWOSITM1NOT is Sgss SPA. For a normal transfer the head office code is usually fine, yet use TWOSITM1NOT if the recipient asks for it.

What is the cheapest way to send money to Sgss SPA?

Banks often 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.

Does Sgss SPA have other 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 happens if I use TWOSITM1NOT incorrectly?

The payment may be delayed, returned or charged extra fees. Always check TWOSITM1NOT against the details from Sgss SPA before sending.

What does each part of TWOSITM1NOT mean?

TWOS is the institution code of Sgss SPA, IT stands for Italy, M1 is the location code and NOT is the code of the branch Sgss SPA.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.