About SWIFT Code DESMITM1
DESMITM1 identifies
Deutsche Bank Sim Spa in Milano, Italy,
on the international SWIFT network. The code breaks down as: bank code
DESM, country IT,
location M1, and branch
XXX (head office).
Use this code when receiving or sending an international wire transfer to Deutsche Bank Sim Spa. You will usually also need the recipient's account number or IBAN. Learn how SWIFT codes work →
Always confirm the SWIFT code with the receiving bank before transferring money - codes can change and branch codes vary by account type.
Frequently Asked Questions
What bank uses SWIFT code DESMITM1?
DESMITM1 belongs to Deutsche Bank Sim Spa in Milano, Italy.
Is DESMITM1 valid for international transfers?
Yes - it's a valid 8-character BIC. Pair it with the recipient's account number or IBAN, and confirm with the bank before wiring money.
What's the difference between an 8 and 11 character code?
8-character codes identify the bank's head office; 11-character codes add a 3-character branch identifier. If no branch code is given, "XXX" (head office) is assumed.