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SWIFT/BIC code DAKVDEFFT01

DAKVDEFFT01 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.

DAKVDEFFT01

Code details

SWIFT/BIC codeDAKVDEFFT01
8-character codeDAKVDEFF
Branch codeT01
BankClearstream Banking AG
Branch—
CityFrankfurt Am Main
CountryGermany

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.
T01 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 branch uses BIC DAKVDEFFT01?

The code DAKVDEFFT01 belongs to 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 does each part of DAKVDEFFT01 stand for?

DAKV is the bank code of Clearstream Banking AG, DE stands for Germany, FF is the location code and T01 identifies the department Clearstream Banking AG.

Does Clearstream Banking AG have other SWIFT/BIC codes?

Yes, our database contains 115 SWIFT/BIC codes for Clearstream Banking AG in Germany. All of them are listed on the page of Clearstream Banking AG.

Can I use DAKVDEFF instead of DAKVDEFFT01?

DAKVDEFF is the head office of Clearstream Banking AG, while DAKVDEFFT01 points to Clearstream Banking AG. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention DAKVDEFFT01.

What happens if I use DAKVDEFFT01 incorrectly?

Your transfer can bounce, get stuck or cost extra. Double-check DAKVDEFFT01 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.

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