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SWIFT/BIC code TWOSITM1PRI

TWOSITM1PRI belongs to Sgss SPA in Milano, Italy.

TWOSITM1PRI

Code details

SWIFT/BIC codeTWOSITM1PRI
8-character codeTWOSITM1
Branch codePRI
BankSgss SPA
BranchSgss - T2s Party - Pri
CityMilano
CountryItaly

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.
PRI 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 branch is behind SWIFT/BIC code TWOSITM1PRI?

TWOSITM1PRI identifies Sgss - T2s Party - Pri, a unit of Sgss SPA in Milano, Italy. Only use it if the account is held at this specific branch.

Can I use TWOSITM1 instead of TWOSITM1PRI?

TWOSITM1 is the main office of Sgss SPA, while TWOSITM1PRI points to Sgss - T2s Party - Pri. Most international transfers work with the head office code, but use TWOSITM1PRI if the recipient asks for it.

What happens if I use TWOSITM1PRI with a typo?

The payment may be delayed, returned or charged extra fees. Double-check TWOSITM1PRI against the details from Sgss SPA before you confirm.

Does Sgss SPA have other SWIFT/BIC codes?

Yes – we list 57 SWIFT/BIC codes for Sgss SPA in Italy. All of them are listed on the page of Sgss SPA.

Do I need TWOSITM1PRI for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need TWOSITM1PRI.

What does each part of TWOSITM1PRI mean?

TWOS is the bank code of Sgss SPA, IT stands for Italy, M1 is the code for the city or region and PRI identifies the branch Sgss - T2s Party - Pri.

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