SWIFT/BIC code DAKVDEFFT53
DAKVDEFFT53 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DAKVDEFFT53 |
|---|---|
| 8-character code | DAKVDEFF |
| Branch code | T53 |
| 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.
- T53 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/BIC code DAKVDEFFT53?
DAKVDEFFT53 is the SWIFT/BIC code of 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 DAKVDEFFT53 to send euros to Germany?
Germany belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need DAKVDEFFT53.
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. Payments in other currencies can take 1–3 business days.
What does each part of DAKVDEFFT53 stand for?
DAKV is the bank code of Clearstream Banking AG, DE is the ISO code of Germany, FF is the location code and T53 is the code of the branch Clearstream Banking AG.
What happens if I use DAKVDEFFT53 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check DAKVDEFFT53 against the details from Clearstream Banking AG before you confirm.
Can I use DAKVDEFF instead of DAKVDEFFT53?
DAKVDEFF is the head office of Clearstream Banking AG, while DAKVDEFFT53 points to Clearstream Banking AG. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention DAKVDEFFT53.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.