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SWIFT/BIC code DAKVDEFFT05

DAKVDEFFT05 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.

DAKVDEFFT05

Code details

SWIFT/BIC codeDAKVDEFFT05
8-character codeDAKVDEFF
Branch codeT05
BankClearstream Banking AG
Branch—
CityFrankfurt Am Main
CountryGermany

How 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.
T05 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/BIC code DAKVDEFFT05?

The code DAKVDEFFT05 belongs to Clearstream Banking AG, a branch or department of Clearstream Banking AG in Frankfurt Am Main, Germany. Use this branch code only when the account is held at this specific branch.

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

Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.

Do I need DAKVDEFFT05 for a euro transfer to Germany?

Germany belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need DAKVDEFFT05.

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

Banks often add 1–3% 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.

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. You can see them all on the bank page.

What does each part of DAKVDEFFT05 mean?

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 T05 is the code of the department Clearstream Banking AG.

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