SWIFT/BIC code TWOSITM1SFS
TWOSITM1SFS belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1SFS |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | SFS |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Sfs |
| City | Milano |
| Country | Italy |
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.
- SFS 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 uses SWIFT/BIC code TWOSITM1SFS?
TWOSITM1SFS identifies Sgss - T2s Party - Sfs, a unit of Sgss SPA in Milano, Italy. Use this branch code only when the account is held at this specific branch.
Has Sgss SPA got other SWIFT/BIC codes?
Yes, we list 57 SWIFT/BIC codes for Sgss SPA in Italy, for the head office and several branches or departments. You can see them all on the bank page.
What is the best way to send money to Sgss SPA in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
Can I use TWOSITM1 instead of TWOSITM1SFS?
TWOSITM1 is the main office of Sgss SPA, while TWOSITM1SFS points to Sgss - T2s Party - Sfs. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention TWOSITM1SFS.
What happens if I use TWOSITM1SFS incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check TWOSITM1SFS with the recipient before sending.
Do I need TWOSITM1SFS for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need TWOSITM1SFS.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.