SWIFT/BIC code DAKVDEFFT59

DAKVDEFFT59 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.

DAKVDEFFT59

Code details

SWIFT/BIC codeDAKVDEFFT59
8-character codeDAKVDEFF
Branch codeT59
BankClearstream Banking AG
Branch—
CityFrankfurt Am Main
CountryGermany

How 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.
T59 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 code DAKVDEFFT59?

The code DAKVDEFFT59 belongs to Clearstream Banking AG, a branch or department of Clearstream Banking AG in Frankfurt Am Main, Germany. Use this branch code only when the account is held at this specific branch.

Do I need DAKVDEFFT59 for a euro transfer 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. For other currencies you still need DAKVDEFFT59.

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

SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.

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 specialist providers before you send.

Has Clearstream Banking AG got more SWIFT/BIC codes?

Yes, our database contains 115 SWIFT/BIC codes for Clearstream Banking AG in Germany. All of them are listed on the page of Clearstream Banking AG.

What does each part of DAKVDEFFT59 mean?

DAKV is the bank code of Clearstream Banking AG, DE is the ISO code of Germany, FF is the location code and T59 is the code of the department Clearstream Banking AG.

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