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SWIFT/BIC code TWOSITM1RAV

TWOSITM1RAV belongs to Sgss SPA in Milano, Italy.

TWOSITM1RAV

Code details

SWIFT/BIC codeTWOSITM1RAV
8-character codeTWOSITM1
Branch codeRAV
BankSgss SPA
BranchSgss - T2s Party - Rav
CityMilano
CountryItaly

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.
RAV 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 SWIFT code TWOSITM1RAV?

The code TWOSITM1RAV belongs to Sgss - T2s Party - Rav, a branch or department of Sgss SPA in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

Can I use TWOSITM1 instead of TWOSITM1RAV?

TWOSITM1 points to the head office of Sgss SPA, while TWOSITM1RAV is Sgss - T2s Party - Rav. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention TWOSITM1RAV.

Has Sgss SPA got 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.

Do I need TWOSITM1RAV to send euros to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need TWOSITM1RAV.

How long does a transfer to Sgss SPA take?

SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.

What do the letters in TWOSITM1RAV 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 RAV is the code of the branch Sgss - T2s Party - Rav.

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