SWIFT/BIC code DAKVDEFF708
DAKVDEFF708 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DAKVDEFF708 |
|---|---|
| 8-character code | DAKVDEFF |
| Branch code | 708 |
| Bank | Clearstream Banking AG |
| Branch | — |
| City | Frankfurt Am Main |
| Country | Germany |
The way the Clearstream Banking AG SWIFT/BIC works
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.
- 708 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 BIC DAKVDEFF708?
DAKVDEFF708 is the SWIFT/BIC code of Clearstream Banking AG, a unit of Clearstream Banking AG in Frankfurt Am Main, Germany. Only use it if the account is held at this specific branch.
Do I need DAKVDEFF708 for a euro transfer to Germany?
Germany is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need DAKVDEFF708.
How long does a transfer to Clearstream Banking AG take?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Can I use DAKVDEFF instead of DAKVDEFF708?
DAKVDEFF is the main office of Clearstream Banking AG, while DAKVDEFF708 points to Clearstream Banking AG. Most international transfers work with the head office code, yet use DAKVDEFF708 if the recipient asks for it.
Has Clearstream Banking AG got other SWIFT/BIC codes?
Yes – our database contains 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.
What do the letters in DAKVDEFF708 stand for?
DAKV is the bank code of Clearstream Banking AG, DE stands for Germany, FF is the code for the city or region and 708 identifies the branch Clearstream Banking AG.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.