SWIFT/BIC code DEUTESM1XXX
DEUTESM1XXX belongs to Deutsche Bank AG in Madrid, Spain.
Code details
| SWIFT/BIC code | DEUTESM1XXX |
|---|---|
| 8-character code | DEUTESM1 |
| Branch code | XXX |
| Bank | Deutsche Bank AG |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Deutsche Bank AG SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DEUT 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 DEUTESM1XXX?
DEUTESM1XXX is the SWIFT/BIC code of the headquarters of Deutsche Bank AG in Madrid, Spain. Use it when a payment to Deutsche Bank AG does not need a specific branch.
What does each part of DEUTESM1XXX stand for?
DEUT is the bank code of Deutsche Bank AG, ES stands for Spain, M1 is the location code and XXX marks the main office.
What is the cheapest way to send money to Deutsche Bank AG?
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.
What happens if I enter DEUTESM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check DEUTESM1XXX with the recipient before you confirm.
Is DEUTESM1 and DEUTESM1XXX the same SWIFT code?
Yes, they are. DEUTESM1 is the short version of DEUTESM1XXX. XXX simply refers to the head office, so either version will reach Deutsche Bank AG in Madrid.
Do I need DEUTESM1XXX to send euros to Spain?
Spain is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need DEUTESM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.