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SWIFT/BIC code DAKVDEFFT02

DAKVDEFFT02 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.

DAKVDEFFT02

Code details

SWIFT/BIC codeDAKVDEFFT02
8-character codeDAKVDEFF
Branch codeT02
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.
T02 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 SWIFT/BIC code DAKVDEFFT02?

DAKVDEFFT02 is the SWIFT/BIC code of Clearstream Banking AG, part of Clearstream Banking AG in Frankfurt Am Main, Germany. Use this branch code only when the account is held at this specific branch.

Does Clearstream Banking AG have other SWIFT/BIC codes?

Yes, our database contains 115 SWIFT/BIC codes for Clearstream Banking AG in Germany. You can see them all on the bank page.

What does each part of DAKVDEFFT02 stand for?

DAKV is the institution code of Clearstream Banking AG, DE is the ISO code of Germany, FF is the code for the city or region and T02 is the code of the department Clearstream Banking AG.

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

Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.

Do I need DAKVDEFFT02 to send euros to Germany?

Germany is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need DAKVDEFFT02.

How long does it take to send money to Clearstream Banking AG?

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.