Question 1

What is the SWIFT code for Deutsche Bank SAE?

Accepted Answer

The SWIFT/BIC code for Deutsche Bank SAE is DEUTESBB. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to Deutsche Bank SAE?

Accepted Answer

To send money internationally to Deutsche Bank SAE, provide your bank with the SWIFT/BIC code DEUTESBB (Madrid, Spain) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Deutsche Bank SAE a SEPA member?

Accepted Answer

Yes, Deutsche Bank SAE is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code DEUTESBB mean?

Accepted Answer

In the BIC code DEUTESBB: "DEUT" is the institution code identifying Deutsche Bank SAE, "ES" is the ISO 3166-1 country code for Spain, and "BB" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns Deutsche Bank SAE?

Accepted Answer

Deutsche Bank SAE is owned by Deutsche Bank AG, a banking group based in Germany. Deutsche Bank SAE is registered in Spain as a local entity, while its ultimate ownership sits with the parent group in Germany.

DEUTESBB

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