SWIFT/BIC code DAKVDEFF705
DAKVDEFF705 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DAKVDEFF705 |
|---|---|
| 8-character code | DAKVDEFF |
| Branch code | 705 |
| Bank | Clearstream Banking AG |
| Branch | — |
| City | Frankfurt Am Main |
| Country | Germany |
The way the Clearstream Banking AG SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DAKV Bank code
- 4 letters that identify the bank.
- DE Country code
- 2 letters for the country (ISO 3166).
- FF Location code
- 2 characters for the city or region of the head office.
- 705 Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank uses SWIFT code DAKVDEFF705?
DAKVDEFF705 identifies Clearstream Banking AG, a branch or department of Clearstream Banking AG in Frankfurt Am Main, Germany. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use DAKVDEFF705 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check DAKVDEFF705 with the recipient before sending.
How long does it take to send money to Clearstream Banking AG in Germany?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need DAKVDEFF705 to send euros to Germany?
Germany is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need DAKVDEFF705.
What is the cheapest way to send money to Clearstream Banking AG?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
Has Clearstream Banking AG got other SWIFT/BIC codes?
Yes – we list 115 SWIFT/BIC codes for Clearstream Banking AG in Germany, for the head office and several branches or departments. You can see them all on the bank page.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.