SWIFT/BIC code DAKVDEFFT47
DAKVDEFFT47 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DAKVDEFFT47 |
|---|---|
| 8-character code | DAKVDEFF |
| Branch code | T47 |
| Bank | Clearstream Banking AG |
| Branch | — |
| City | Frankfurt Am Main |
| Country | Germany |
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.
- T47 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 branch uses BIC DAKVDEFFT47?
DAKVDEFFT47 identifies Clearstream Banking AG, a branch or department 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 does each part of DAKVDEFFT47 mean?
DAKV is the institution code of Clearstream Banking AG, DE stands for Germany, FF is the location code and T47 identifies the branch Clearstream Banking AG.
What is the cheapest way to send money to Clearstream Banking AG in Germany?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
How long does it take to send money to Clearstream Banking AG in Germany?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Do I need DAKVDEFFT47 to send euros to Germany?
Germany is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need DAKVDEFFT47.
Can I use DAKVDEFF instead of DAKVDEFFT47?
DAKVDEFF is the main office of Clearstream Banking AG, while DAKVDEFFT47 is Clearstream Banking AG. Most international transfers work with the head office code, yet use DAKVDEFFT47 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.