SWIFT/BIC code DECRESM1XXX
DECRESM1XXX belongs to Deutsche Bank Credit S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | DECRESM1XXX |
|---|---|
| 8-character code | DECRESM1 |
| Branch code | XXX |
| Bank | Deutsche Bank Credit S.A. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Deutsche Bank Credit S.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DECR Bank code
- 4 letters that identify the bank.
- ES Country code
- 2 letters for the country (ISO 3166).
- M1 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
Which bank is behind SWIFT/BIC code DECRESM1XXX?
DECRESM1XXX identifies the headquarters of Deutsche Bank Credit S.A. in Madrid, Spain. Use it when you send money to an account at Deutsche Bank Credit S.A..
What happens if I use DECRESM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check DECRESM1XXX with the recipient before you confirm.
What does each part of DECRESM1XXX stand for?
DECR is the institution code of Deutsche Bank Credit S.A., ES is the ISO code of Spain, M1 is the code for the city or region and XXX marks the head office.
What is the best way to send money to Deutsche Bank Credit S.A.?
Banks often 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.
Does Deutsche Bank Credit S.A. use a single SWIFT/BIC code?
Yes, DECRESM1XXX is the only SWIFT/BIC code listed for Deutsche Bank Credit S.A. in Spain, so there is no branch code to choose.
Do I need DECRESM1XXX for a euro transfer to Spain?
Spain 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 still need DECRESM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.