DEUTDEFF500

DEUTDEFF500 is an international banking identifier used in the SWIFT messaging system to route payments to a Deutsche Bank AG branch in Germany. It is an 11-character BIC/SWIFT code that helps counterparties identify both the issuer and the specific branch for cross-border transfers.

The code breaks down into four parts: DEUT is the bank code for Deutsche Bank, DE is the country code for Germany, FF is the location code, and 500 is the branch code. The combination uniquely identifies a particular Deutsche Bank branch within the SWIFT network, enabling precise routing of funds.

In practice, users sending money abroad may encounter both 8-character and 11-character BIC forms. The 8-character form, DEUTDEFF, designates the bank generally, while the 11-character form DEUTDEFF500 specifies a particular branch. Some payment systems and counterparties require the full 11-character BIC, while others accept the shorter version, so verification with the recipient or their bank is advisable.

For international transfers, the BIC is commonly used alongside the recipient’s IBAN to ensure correct crediting. It is important to verify the exact BIC/branch code before initiating a transfer to avoid misrouting or delays.

See also: SWIFT code, BIC, IBAN, Deutsche Bank.