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SWIFT/BIC code DEUTITM1042

DEUTITM1042 belongs to Deutsche Bank S.P.A. in Ballabio, Italy.

DEUTITM1042

Code details

SWIFT/BIC codeDEUTITM1042
8-character codeDEUTITM1
Branch code042
BankDeutsche Bank S.P.A.
Branch—
CityBallabio
CountryItaly

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.
042 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 BIC DEUTITM1042?

DEUTITM1042 identifies Deutsche Bank S.P.A., part of Deutsche Bank S.P.A. in Ballabio, Italy. Only use it if the recipient or their bank explicitly asks for it.

What happens if I use DEUTITM1042 incorrectly?

Your transfer can bounce, get stuck or cost extra. Double-check DEUTITM1042 with the recipient before sending.

What does each part of DEUTITM1042 mean?

DEUT is the bank code of Deutsche Bank S.P.A., IT is the ISO code of Italy, M1 is the location code and 042 identifies the branch Deutsche Bank S.P.A..

Can I use DEUTITM1 instead of DEUTITM1042?

DEUTITM1 points to the head office of Deutsche Bank S.P.A., while DEUTITM1042 points to Deutsche Bank S.P.A.. Most international transfers work with the head office code, yet use DEUTITM1042 if the recipient asks for it.

What is the best way to send money to Deutsche Bank S.P.A.?

Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.

How long does it take to send money to Deutsche Bank S.P.A. in Italy?

Euro transfers within SEPA normally arrive the next business day. 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.