SWIFT/BIC code TWOSITMMXXX
TWOSITMMXXX belongs to Sgss SPA in Milano, Italy.
Code details
| SWIFT/BIC code | TWOSITMMXXX |
|---|---|
| 8-character code | TWOSITMM |
| Branch code | XXX |
| Bank | Sgss SPA |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Sgss SPA SWIFT/BIC works
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).
- MM Location code
- 2 characters for the city or region of the head office.
- XXX 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
What bank uses SWIFT/BIC code TWOSITMMXXX?
TWOSITMMXXX is the SWIFT/BIC code of the head office of Sgss SPA in Milano, Italy. It is the code to use when you send money to an account at Sgss SPA.
What is the cheapest way to send money to Sgss SPA in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.
What happens if I enter TWOSITMMXXX with a typo?
Your transfer can bounce, get stuck or cost extra. Always check TWOSITMMXXX against the details from Sgss SPA before sending.
Is TWOSITMM and TWOSITMMXXX the same code?
Yes. TWOSITMM is the 8-character version of TWOSITMMXXX. XXX simply means head office, so either version will reach Sgss SPA in Milano.
How long does a transfer to Sgss SPA take in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need TWOSITMMXXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need TWOSITMMXXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.