SWIFT/BIC code TWOSITM1RIM
TWOSITM1RIM belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1RIM |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | RIM |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Rim |
| 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.
- RIM 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 TWOSITM1RIM?
TWOSITM1RIM identifies Sgss - T2s Party - Rim, a unit of Sgss SPA in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
Do I need TWOSITM1RIM for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need TWOSITM1RIM.
How long does it take to send money to Sgss SPA?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 1–3 business days.
What does each part of TWOSITM1RIM mean?
TWOS is the bank code of Sgss SPA, IT stands for Italy, M1 is the code for the city or region and RIM identifies the department Sgss - T2s Party - Rim.
What is the cheapest way to send money to Sgss SPA in Italy?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Has Sgss SPA got other SWIFT/BIC codes?
Yes – our database contains 57 SWIFT/BIC codes for Sgss SPA in Italy. 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.