SWIFT/BIC code DEUTITM1021
DEUTITM1021 belongs to Deutsche Bank S.P.A. in Lierna, Italy.
Code details
| SWIFT/BIC code | DEUTITM1021 |
|---|---|
| 8-character code | DEUTITM1 |
| Branch code | 021 |
| Bank | Deutsche Bank S.P.A. |
| Branch | — |
| City | Lierna |
| Country | Italy |
How the Deutsche Bank S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DEUT 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.
- 021 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 SWIFT/BIC code DEUTITM1021?
DEUTITM1021 identifies Deutsche Bank S.P.A., a branch or department of Deutsche Bank S.P.A. in Lierna, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What does each part of DEUTITM1021 stand for?
DEUT is the institution code of Deutsche Bank S.P.A., IT stands for Italy, M1 is the code for the city or region and 021 is the code of the department Deutsche Bank S.P.A..
What happens if I use DEUTITM1021 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check DEUTITM1021 with the recipient before sending.
What is the cheapest way to send money to Deutsche Bank S.P.A. in Italy?
Many banks add 1–3% 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.
Do I need DEUTITM1021 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need DEUTITM1021.
How long does it take to send money to Deutsche Bank S.P.A.?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.