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SWIFT/BIC code DAKVDEFFT42

DAKVDEFFT42 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.

DAKVDEFFT42

Code details

SWIFT/BIC codeDAKVDEFFT42
8-character codeDAKVDEFF
Branch codeT42
BankClearstream Banking AG
Branch—
CityFrankfurt Am Main
CountryGermany

How the Clearstream Banking AG SWIFT/BIC is structured

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.
T42 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 DAKVDEFFT42?

DAKVDEFFT42 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 recipient or their bank explicitly asks for it.

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.

What does each part of DAKVDEFFT42 stand for?

DAKV is the bank code of Clearstream Banking AG, DE stands for Germany, FF is the code for the city or region and T42 identifies the branch Clearstream Banking AG.

Do I need DAKVDEFFT42 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. If you send another currency you do need DAKVDEFFT42.

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

SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.

What happens if I enter DAKVDEFFT42 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check DAKVDEFFT42 against the details from Clearstream Banking AG before you confirm.

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