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SWIFT/BIC code DAKVDEFFT24

DAKVDEFFT24 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.

DAKVDEFFT24

Code details

SWIFT/BIC codeDAKVDEFFT24
8-character codeDAKVDEFF
Branch codeT24
BankClearstream Banking AG
Branch—
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.
T24 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 code DAKVDEFFT24?

DAKVDEFFT24 identifies Clearstream Banking AG, a unit of Clearstream Banking AG in Frankfurt Am Main, Germany. Only use it if the recipient or their bank explicitly asks for it.

Do I need DAKVDEFFT24 for a euro transfer to Germany?

Germany belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need DAKVDEFFT24.

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

SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.

Has Clearstream Banking AG got 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 is the best way to send money to Clearstream Banking AG?

Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.

What do the letters in DAKVDEFFT24 mean?

DAKV is the institution code of Clearstream Banking AG, DE stands for Germany, FF is the location code and T24 identifies 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.