SWIFT/BIC code DEUTITM1327
DEUTITM1327 belongs to Deutsche Bank S.P.A. in Grosseto, Italy.
Code details
| SWIFT/BIC code | DEUTITM1327 |
|---|---|
| 8-character code | DEUTITM1 |
| Branch code | 327 |
| Bank | Deutsche Bank S.P.A. |
| Branch | Sportello di Grosseto |
| City | Grosseto |
| Country | Italy |
How 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.
- 327 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 bank uses SWIFT/BIC code DEUTITM1327?
The code DEUTITM1327 belongs to Sportello di Grosseto, part of Deutsche Bank S.P.A. in Grosseto, Italy. Use this branch code only when the account is held at this specific branch.
Do I need DEUTITM1327 for a euro transfer 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 do need DEUTITM1327.
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.
What is the cheapest way to send money to Deutsche Bank S.P.A.?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
Can I use DEUTITM1 instead of DEUTITM1327?
DEUTITM1 is the main office of Deutsche Bank S.P.A., while DEUTITM1327 points to Sportello di Grosseto. Most international transfers work with the head office code, yet use DEUTITM1327 if the recipient asks for it.
What do the letters in DEUTITM1327 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 327 identifies the department Sportello di Grosseto.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.