SWIFT/BIC code DEGEESM1XXX
DEGEESM1XXX belongs to Deutsche Bank Gestion in Madrid, Spain.
Code details
| SWIFT/BIC code | DEGEESM1XXX |
|---|---|
| 8-character code | DEGEESM1 |
| Branch code | XXX |
| Bank | Deutsche Bank Gestion |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Deutsche Bank Gestion SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DEGE 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
What bank uses BIC DEGEESM1XXX?
DEGEESM1XXX is the SWIFT/BIC code of the headquarters of Deutsche Bank Gestion in Madrid, Spain. It is the code to use when a payment to Deutsche Bank Gestion does not need a specific branch.
What do the letters in DEGEESM1XXX mean?
DEGE is the institution code of Deutsche Bank Gestion, ES stands for Spain, M1 is the location code and XXX means the head office.
What happens if I enter DEGEESM1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Always check DEGEESM1XXX against the details from Deutsche Bank Gestion before sending.
What is the best way to send money to Deutsche Bank Gestion?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.
Does Deutsche Bank Gestion have a single SWIFT/BIC code?
Yes – DEGEESM1XXX is the only SWIFT/BIC code listed for Deutsche Bank Gestion in Spain, so there is no branch code to choose.
Do I need DEGEESM1XXX to send euros to Spain?
Spain is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need DEGEESM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.