Deutsche Pfandbriefbank AG SWIFT/BIC code

Deutsche Pfandbriefbank AG SWIFT code: REBMDEMM

REBMDEMM and REBMDEMMXXX are two spellings of the same SWIFT/BIC code, and both point to Deutsche Pfandbriefbank AG in Unterschleissheim. Every bank on the SWIFT network uses these codes to direct international transfers to the right institution. In daily life you usually see the code on international invoices, in payment forms and on the account details that Deutsche Pfandbriefbank AG provides.

Further down you will find the practical side: money coming in from abroad, sending money abroad and how to verify a SWIFT code before you hit send. Remember that the SWIFT code only identifies the bank, not the person: the account number or IBAN takes care of that.

When will the money arrive at Deutsche Pfandbriefbank AG?

There is no fixed answer for international payments: many land within a day while others need several business days. Transfers sent late in the day or on a weekend or public holiday usually go out a business day later. Occasionally a bank asks what the payment is for, which can hold things up.

Many banks use SWIFT gpi. Each payment carries a unique reference, the UETR, which your bank can use to see where the money is. Money transfer services usually show tracking in their app showing how far the money is.

A delayed transfer is traced from the sending side. Ask the sender for a copy of the payment confirmation with the date and reference.

What to give a sender who pays you at Deutsche Pfandbriefbank AG

Someone abroad who wants to pay you will ask for a few details about your account, and missing ones are a common cause of delays. That means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code REBMDEMMXXX (or REBMDEMM) and, often, your address.

Some sending banks also ask for the name and address of Deutsche Pfandbriefbank AG, so keep it at hand. A typo in the IBAN can be harder to fix than it looks.

What lands in your account is often lower than what was sent. Charges on incoming payments vary per bank; check the price list of Deutsche Pfandbriefbank AG. Make clear with the sender who covers the fees.

Deutsche Pfandbriefbank AG: head office code versus branch codes

Our database contains 5 SWIFT/BIC codes for Deutsche Pfandbriefbank AG. Besides the head office code REBMDEMMXXX, there are codes for branches, departments or specific services.

If nobody asks you for a branch code, use REBMDEMMXXX or its short form REBMDEMM. Just use a branch code when the account holder gives you that exact code, for example on a letter or invoice.

The best way is to take the code directly from the account holder’s invoice. Branch codes are sometimes changed or retired when banks reorganise.

Euro (EUR) and conversion costs

The currency in Germany is the Euro (EUR). A payment in a foreign currency is converted into EUR before it reaches the account, and whoever converts it chooses the rate. Each conversion eats into the amount.

Who does the conversion affects the final amount, as rates and margins differ per bank. Compare how much EUR arrives with several providers.

Exchange rates change all the time – some services let you fix a rate in advance. With bigger transfers, even small gap in the rate can be worth more than the fee.

Changed bank details? Be careful

Criminals regularly send fake invoices with changed bank details. A correct SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Check new payment details through a different channel. Urgency or secrecy tend to be warning signs; a genuine business can wait for you to check. Acted too fast? Call your bank straight away and have them start a recall; also report it to the police.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to refund the difference to another account. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

REBMDEMM or REBMDEMMXXX – which one to use?

The layout of every SWIFT code is always the same: a bank code of four letters, a two-letter country code and two for the location, sometimes followed by a branch code. Combined, those parts form REBMDEMM – the version you usually see online.

Most banks and apps work with either length. If a form requires eleven characters, use REBMDEMMXXX; if it wants eight, use REBMDEMM.

In practice the code is typed in capitals and without spaces. A single character can send a payment to another bank, so copy it carefully.

Euro transfers to Deutsche Pfandbriefbank AG: is a BIC needed?

Since Germany is part of SEPA, a euro payment into Deutsche Pfandbriefbank AG from within the SEPA area usually only needs the IBAN. Most banking apps no longer ask for the BIC in that case.

You will still need REBMDEMMXXX for payments in other currencies or transfers from countries outside SEPA. If a payment form asks for the BIC anyway, adding REBMDEMM does no harm.

SEPA transfers usually arrive by the next business day; instant payments are faster if both banks offer them. Provided the payment stays in euros, the transfer is inexpensive; costs rise once a conversion is involved.

What a transfer from Deutsche Pfandbriefbank AG abroad really costs

What you pay for an international transfer is made up of several parts. There is the fee for the transfer itself, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate if the currency changes.

The markup on the rate is often the largest cost. Check their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Money transfer services often use a rate near the mid-market rate and lower fees. On GoldexPay we compare what recipients receive across providers, which makes the cheapest option easy to spot. You can always use your account at Deutsche Pfandbriefbank AG as the source of the money; only the conversion and sending happen elsewhere.

Is REBMDEMM still correct? How to check

The best place to find the correct BIC remains paperwork issued by the bank. If the code you have differs from REBMDEMM or REBMDEMMXXX, do not guess.

With a wrong code, the payment may get stuck, bounce back or cost extra, and tracing it can take weeks. Remember the IBAN: a mistake there is more difficult to correct than a wrong BIC.

Most online banking apps validate the format of an IBAN – that confirms the format, not the owner. Some banks now compare the name against the account before you confirm. For a first payment, some people send a small amount first before sending the rest.

Where our SWIFT data comes from

We collect bank codes using publicly available data and check them from time to time. Institutions merge, close branches and change codes, and a directory never catches every change immediately. The figures we show are based on our own data.

Before a payment of any size, always check the code with the recipient’s bank or the recipient. GoldexPay is an independent comparison service and not affiliated with Deutsche Pfandbriefbank AG. Spotted outdated information? Tell us via our contact form and we will look into it.