SWIFT Code DEUTESBB030 — DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA, MADRID

About SWIFT Code DEUTESBB030 — DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA, MADRID

SWIFT code DEUTESBB030 is the official 11-character branch-specific BIC (Bank Identifier Code) for DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA in MADRID, Spain. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA for all outward international remittances from MADRID. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code DEUTESBB030

The code DEUTESBB030 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code DEUTESBB030

Receiving International Wire Transfers

To receive money from abroad at your DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA account in MADRID, share SWIFT code DEUTESBB030 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA, MADRID must provide SWIFT code DEUTESBB030. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA in MADRID rely on SWIFT code DEUTESBB030 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA →

For cheque clearing or NACH mandates, use the MICR code for DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA →

For TDS challan deposits, find the BSR code for DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA →

How SWIFT Code DEUTESBB030 Routes an International Transfer

1. Initiation: The sender provides SWIFT code DEUTESBB030 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code DEUTESBB030

• Spaces or lowercase letters — Always enter DEUTESBB030 uppercase with no spaces.
• Using the wrong city — This code is for MADRID only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Spain.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm DEUTESBB030 directly with DEUTSCHE BANK SOCIEDAD ANONIMA ESPANOLA's MADRID branch or via the SWIFT BIC Directory.