SWIFT/BIC code DAKVDEFFONE

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

DAKVDEFFONE

Code details

SWIFT/BIC codeDAKVDEFFONE
8-character codeDAKVDEFF
Branch codeONE
BankClearstream Banking AG
BranchCbf One Clearstream Service
CityFrankfurt Am Main
CountryGermany

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.
ONE 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 is behind SWIFT code DAKVDEFFONE?

DAKVDEFFONE identifies Cbf One Clearstream Service, part of Clearstream Banking AG in Frankfurt Am Main, Germany. Only use it if the recipient or their bank explicitly asks for it.

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

Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.

How long does a transfer to Clearstream Banking AG take in Germany?

Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.

Do I need DAKVDEFFONE for a euro transfer to Germany?

Germany is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need DAKVDEFFONE.

What happens if I enter DAKVDEFFONE with a typo?

Your transfer can bounce, get stuck or cost extra. Double-check DAKVDEFFONE with the recipient before you confirm.

Can I use DAKVDEFF instead of DAKVDEFFONE?

DAKVDEFF is the main office of Clearstream Banking AG, while DAKVDEFFONE points to Cbf One Clearstream Service. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention DAKVDEFFONE.

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