SWIFT/BIC code TWOSITM1PIO
TWOSITM1PIO belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1PIO |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | PIO |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Pio |
| 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.
- PIO 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 TWOSITM1PIO?
TWOSITM1PIO is the SWIFT/BIC code of Sgss - T2s Party - Pio, a unit of Sgss SPA in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the cheapest 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 transfer services before you send.
Can I use TWOSITM1 instead of TWOSITM1PIO?
TWOSITM1 is the head office of Sgss SPA, while TWOSITM1PIO points to Sgss - T2s Party - Pio. Most international transfers work with the head office code, but use TWOSITM1PIO if the recipient asks for it.
What does each part of TWOSITM1PIO mean?
TWOS is the bank code of Sgss SPA, IT is the ISO code of Italy, M1 is the location code and PIO identifies the branch Sgss - T2s Party - Pio.
What happens if I use TWOSITM1PIO with a typo?
The payment may be delayed, returned or charged extra fees. Always check TWOSITM1PIO with the recipient before you confirm.
Does Sgss SPA have other 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.