Deutsche Bank AG SWIFT/BIC code

Deutsche Bank AG SWIFT code: DEUTPHMM

The 8-character code DEUTPHMM and the full code DEUTPHMMXXX identify the same bank: Deutsche Bank AG in Manila, Philippines. The code has a single purpose: it ensures that an international payment reaches the right bank. In daily life you mostly come across it on international invoices, in your banking app and on the account details that Deutsche Bank AG provides.

This page is meant to help anyone who sends money to an account at Deutsche Bank AG without mistakes. A SWIFT code names a bank or branch, not a specific account.

Philippine Peso (PHP) and conversion costs

Most accounts at Deutsche Bank AG are usually held in PHP, the national currency. If you send money in a different currency, the amount gets converted at some point: by your bank, an intermediary or Deutsche Bank AG itself. Every conversion eats into the amount, even when no fee is shown.

Which bank converts the payment matters, because each party uses its own rate. Transferring the amount already in PHP often prevents a second conversion – as long as your own rate is good.

The PHP rate changes constantly. With bigger transfers, even seemingly small gap in the rate can be worth more than the fee.

Incoming international payments to Deutsche Bank AG

A sender in another country needs a few details about your account, and missing ones are a common cause of delays. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code DEUTPHMMXXX (or DEUTPHMM) and sometimes your postal address.

Their bank might also ask for the address of your bank; the head office in Manila is usually fine. A typo in the IBAN can be harder to fix than you might think, so copy the details from your online banking.

An incoming payment will not always land in full. Intermediary banks may deduct a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate applies. Make clear with the sender who covers the fees, especially for larger amounts.

How to check DEUTPHMM before you pay

The most reliable place for the correct BIC is paperwork issued by the bank, such as a statement or the account details in online banking. Compare it against DEUTPHMM on this page.

Mistakes in the BIC tend to be costly rather than fatal. An error in the account number is a bigger problem, because the money may be credited to someone else, so check that just as carefully.

An automatic check in your banking app only tells you that the code is valid – not that it belongs to the person you mean to pay. Some banks now check the payee name with the account. A small test payment is worth it for a large first payment despite the extra fee.

Paying someone abroad from your Deutsche Bank AG account

When you send money abroad through Deutsche Bank AG, the visible fee is only part of the cost. Besides a fixed fee, banks in between can take a cut, and if the money changes currency, the bank usually uses a rate that is less favourable than the real market rate.

That exchange rate margin tends to be the largest item because it is hidden in the rate. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites.

Money transfer services often use a rate near the mid-market rate with clearer fees. Before your next transfer, take a minute to compare the total cost via GoldexPay. You can always use your account at Deutsche Bank AG, while a cheaper service handles the conversion.

DEUTPHMM or DEUTPHMMXXX – which one to use?

Every SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and a two-character location code. In this case, the 8-character core is DEUTPHMM.

The long version adds a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office, which is why DEUTPHMMXXX and DEUTPHMM lead to the same place.

Leave out spaces or dashes when you enter DEUTPHMM. Watch for O versus 0 and the letter I and the digit 1.

How up to date is this code?

We collect SWIFT/BIC codes using public sources and update our list regularly. It can happen that information here is no longer current. Figures such as the number of codes come from our own dataset and may differ from what Deutsche Bank AG publishes.

For any payment that matters, always check the BIC with the recipient’s bank or with the recipient. GoldexPay is not affiliated with Deutsche Bank AG. Spotted outdated information? Tell us through the contact page so we can correct it.

Deutsche Bank AG: head office code versus branch codes

With 2 codes, Deutsche Bank AG is one of the banks that use individual codes for parts of the organisation. The head office code is DEUTPHMMXXX.

If nobody asks you for a branch code, go with DEUTPHMMXXX or its short form DEUTPHMM. If you have been given a specific code, use it as it is instead of replacing it for the head office code.

Not sure which code to use? Ask the recipient or the bank itself. Branch codes can change when banks reorganise.

Watch out for payment fraud

A common scam goes like this: an email arrives with a request claiming that a supplier has a new bank account and asking you to pay there from now on. The fact that DEUTPHMM exists does not mean that the account is genuine.

Check changed payment details via a separate channel, such as a phone number you already know, never via the email that asked for the change. Pressure or secrecy are red flags. When money was sent to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Scams also work the other way. Someone claims to have sent more than agreed and wants you to return the difference via a different route. A payment confirmation from the sender is no proof; only your own account shows what has arrived.

Tracking a transfer to or from Deutsche Bank AG

An international transfer typically takes anywhere from one to several business days – it depends on currency, route and the banks in between. Payments made late in the day or on weekends and holidays usually go out a business day later. Occasionally a bank asks about the purpose of a payment, which can hold things up.

When a payment takes longer than expected, contact the sending bank about the status and the transaction reference. Money transfer services often provide tracking online showing where the payment has got.

Only the sending bank is able to start an official trace or a recall. Ask the sender for a copy of the payment confirmation with the date and reference.