SWIFT/BIC code DEUTITM1251
DEUTITM1251 belongs to Deutsche Bank S.P.A. in Bologna, Italy.
Code details
| SWIFT/BIC code | DEUTITM1251 |
|---|---|
| 8-character code | DEUTITM1 |
| Branch code | 251 |
| Bank | Deutsche Bank S.P.A. |
| Branch | Ag.a |
| City | Bologna |
| Country | Italy |
The way the Deutsche Bank S.P.A. 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.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- 251 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 DEUTITM1251?
DEUTITM1251 identifies Ag.a, a unit of Deutsche Bank S.P.A. in Bologna, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of DEUTITM1251 mean?
DEUT is the bank code of Deutsche Bank S.P.A., IT stands for Italy, M1 is the location code and 251 is the code of the department Ag.a.
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 the amount that arrives 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 usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need DEUTITM1251 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need DEUTITM1251.
What happens if I use DEUTITM1251 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check DEUTITM1251 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.