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SWIFT/BIC code DAKVDEFFMIG

DAKVDEFFMIG belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.

DAKVDEFFMIG

Code details

SWIFT/BIC codeDAKVDEFFMIG
8-character codeDAKVDEFF
Branch codeMIG
BankClearstream Banking AG
Branch—
CityFrankfurt Am Main
CountryGermany

How the Clearstream Banking AG SWIFT/BIC is structured

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.
MIG 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

What bank uses BIC DAKVDEFFMIG?

The code DAKVDEFFMIG belongs to Clearstream Banking AG, part of Clearstream Banking AG in Frankfurt Am Main, Germany. Only use it if the account is held at this specific branch.

What is the cheapest way to send money to Clearstream Banking AG?

Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.

Can I use DAKVDEFF instead of DAKVDEFFMIG?

DAKVDEFF points to the head office of Clearstream Banking AG, while DAKVDEFFMIG points to Clearstream Banking AG. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention DAKVDEFFMIG.

What do the letters in DAKVDEFFMIG stand for?

DAKV is the institution code of Clearstream Banking AG, DE stands for Germany, FF is the code for the city or region and MIG identifies the department Clearstream Banking AG.

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. All of them are listed on the page of Clearstream Banking AG.

Do I need DAKVDEFFMIG to send euros to Germany?

Germany belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need DAKVDEFFMIG.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.