SWIFT/BIC code DEUTITM1531
DEUTITM1531 belongs to Deutsche Bank S.P.A. in Pescara, Italy.
Code details
| SWIFT/BIC code | DEUTITM1531 |
|---|---|
| 8-character code | DEUTITM1 |
| Branch code | 531 |
| Bank | Deutsche Bank S.P.A. |
| Branch | Ag.a |
| City | Pescara |
| 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.
- 531 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 BIC DEUTITM1531?
DEUTITM1531 identifies Ag.a, a unit of Deutsche Bank S.P.A. in Pescara, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
How long does it take to send money to Deutsche Bank S.P.A. in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need DEUTITM1531 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 DEUTITM1531.
What does each part of DEUTITM1531 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 531 is the code of the department Ag.a.
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. Check what you receive in Euro with specialist providers before you send.
What happens if I use DEUTITM1531 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check DEUTITM1531 with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.