SWIFT/BIC code DAKVDEFFT50
DAKVDEFFT50 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DAKVDEFFT50 |
|---|---|
| 8-character code | DAKVDEFF |
| Branch code | T50 |
| Bank | Clearstream Banking AG |
| Branch | — |
| City | Frankfurt Am Main |
| Country | Germany |
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.
- T50 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 is behind SWIFT/BIC code DAKVDEFFT50?
DAKVDEFFT50 is the SWIFT/BIC code of Clearstream Banking AG, a unit of Clearstream Banking AG in Frankfurt Am Main, Germany. Use this branch code only when the account is held at this specific branch.
What is the best way to send money to Clearstream Banking AG in Germany?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
What does each part of DAKVDEFFT50 mean?
DAKV is the bank code of Clearstream Banking AG, DE is the ISO code of Germany, FF is the code for the city or region and T50 is the code of the department Clearstream Banking AG.
What happens if I use DAKVDEFFT50 with a typo?
The payment may be delayed, returned or charged extra fees. Always check DAKVDEFFT50 with the recipient before sending.
How long does it take to send money to Clearstream Banking AG in Germany?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need DAKVDEFFT50 to send euros to Germany?
Germany belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need DAKVDEFFT50.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.