SWIFT/BIC code DAKVDEFFONF
DAKVDEFFONF belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DAKVDEFFONF |
|---|---|
| 8-character code | DAKVDEFF |
| Branch code | ONF |
| Bank | Clearstream Banking AG |
| Branch | Transaction- and Safe Custody Fees For Gbc Accounts |
| City | Frankfurt Am Main |
| Country | Germany |
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.
- ONF 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 SWIFT code DAKVDEFFONF?
DAKVDEFFONF is the SWIFT/BIC code of Transaction- and Safe Custody Fees For Gbc Accounts, a unit 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 DAKVDEFFONF incorrectly?
The payment may be delayed, returned or charged extra fees. Always check DAKVDEFFONF with the recipient before sending.
What is the best way to send money to Clearstream Banking AG?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Can I use DAKVDEFF instead of DAKVDEFFONF?
DAKVDEFF is the main office of Clearstream Banking AG, while DAKVDEFFONF is Transaction- and Safe Custody Fees For Gbc Accounts. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention DAKVDEFFONF.
Do I need DAKVDEFFONF to send euros to Germany?
Germany is part of the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need DAKVDEFFONF.
How long does a transfer to Clearstream Banking AG take?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.