SWIFT/BIC code TWOSITM1UBG
TWOSITM1UBG belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITM1UBG |
|---|---|
| 8-character code | TWOSITM1 |
| Branch code | UBG |
| Bank | Sgss SPA |
| Branch | Sgss - T2s Party - Ubg |
| 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.
- UBG 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 BIC TWOSITM1UBG?
The code TWOSITM1UBG belongs to Sgss - T2s Party - Ubg, a branch or department of Sgss SPA in Milano, Italy. Only use it if the account is held at this specific branch.
What does each part of TWOSITM1UBG stand for?
TWOS is the bank code of Sgss SPA, IT is the ISO code of Italy, M1 is the location code and UBG identifies the branch Sgss - T2s Party - Ubg.
What happens if I use TWOSITM1UBG with a typo?
The payment may be delayed, returned or charged extra fees. Double-check TWOSITM1UBG against the details from Sgss SPA before you confirm.
What is the best way to send money to Sgss SPA?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
Has Sgss SPA got more 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.
Can I use TWOSITM1 instead of TWOSITM1UBG?
TWOSITM1 points to the main office of Sgss SPA, while TWOSITM1UBG is Sgss - T2s Party - Ubg. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention TWOSITM1UBG.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.