SWIFT/BIC code DAKVDEFFT29
DAKVDEFFT29 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DAKVDEFFT29 |
|---|---|
| 8-character code | DAKVDEFF |
| Branch code | T29 |
| Bank | Clearstream Banking AG |
| Branch | — |
| City | Frankfurt Am Main |
| Country | Germany |
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.
- T29 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 is behind SWIFT/BIC code DAKVDEFFT29?
The code DAKVDEFFT29 belongs to Clearstream Banking AG, a unit of Clearstream Banking AG in Frankfurt Am Main, Germany. Only use it if the account is held at this specific branch.
What happens if I enter DAKVDEFFT29 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check DAKVDEFFT29 against the details from Clearstream Banking AG before sending.
Can I use DAKVDEFF instead of DAKVDEFFT29?
DAKVDEFF points to the head office of Clearstream Banking AG, while DAKVDEFFT29 points to Clearstream Banking AG. For a normal transfer the head office code is usually fine, yet use DAKVDEFFT29 if the recipient asks for it.
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. Check what you receive in Euro with specialist providers before you send – the difference can be large.
How long does it take to send money to Clearstream Banking AG?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need DAKVDEFFT29 to send euros to Germany?
Germany belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need DAKVDEFFT29.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.