SWIFT/BIC code DAKVDEFFT55
DAKVDEFFT55 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DAKVDEFFT55 |
|---|---|
| 8-character code | DAKVDEFF |
| Branch code | T55 |
| Bank | Clearstream Banking AG |
| Branch | — |
| City | Frankfurt Am Main |
| Country | Germany |
The way 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.
- T55 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 BIC DAKVDEFFT55?
DAKVDEFFT55 is the SWIFT/BIC code of Clearstream Banking AG, a branch or department of Clearstream Banking AG in Frankfurt Am Main, Germany. Only use it if the recipient or their bank explicitly asks for it.
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.
What happens if I use DAKVDEFFT55 with a typo?
The payment may be delayed, returned or charged extra fees. Always check DAKVDEFFT55 with the recipient before sending.
What does each part of DAKVDEFFT55 stand for?
DAKV is the institution code of Clearstream Banking AG, DE is the ISO code of Germany, FF is the code for the city or region and T55 is the code of the branch Clearstream Banking AG.
Do I need DAKVDEFFT55 to send euros to Germany?
Germany belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need DAKVDEFFT55.
Can I use DAKVDEFF instead of DAKVDEFFT55?
DAKVDEFF points to the main office of Clearstream Banking AG, while DAKVDEFFT55 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 DAKVDEFFT55.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.