SWIFT/BIC code DEUTITM1028
DEUTITM1028 belongs to Deutsche Bank S.P.A. in Valmadrera, Italy.
Code details
| SWIFT/BIC code | DEUTITM1028 |
|---|---|
| 8-character code | DEUTITM1 |
| Branch code | 028 |
| Bank | Deutsche Bank S.P.A. |
| Branch | — |
| City | Valmadrera |
| Country | Italy |
The way the Deutsche Bank S.P.A. SWIFT/BIC works
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.
- 028 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 is behind SWIFT code DEUTITM1028?
The code DEUTITM1028 belongs to Deutsche Bank S.P.A., a unit of Deutsche Bank S.P.A. in Valmadrera, Italy. Only use it if the account is held at this specific branch.
How long does it take to send money to Deutsche Bank S.P.A.?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Do I need DEUTITM1028 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need DEUTITM1028.
What is the cheapest way to send money to Deutsche Bank S.P.A.?
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.
Can I use DEUTITM1 instead of DEUTITM1028?
DEUTITM1 is the main office of Deutsche Bank S.P.A., while DEUTITM1028 points to Deutsche Bank S.P.A.. Most international transfers work with the head office code, yet use DEUTITM1028 if the recipient asks for it.
What happens if I use DEUTITM1028 with a typo?
The payment may be delayed, returned or charged extra fees. Always check DEUTITM1028 with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.