SWIFT/BIC code DAKVDEFFT66
DAKVDEFFT66 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DAKVDEFFT66 |
|---|---|
| 8-character code | DAKVDEFF |
| Branch code | T66 |
| 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.
- T66 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 DAKVDEFFT66?
DAKVDEFFT66 identifies Clearstream Banking AG, a unit of Clearstream Banking AG in Frankfurt Am Main, Germany. Only use it if the account is held at this specific branch.
What do the letters in DAKVDEFFT66 stand for?
DAKV is the bank code of Clearstream Banking AG, DE stands for Germany, FF is the location code and T66 identifies the department Clearstream Banking AG.
Do I need DAKVDEFFT66 for a euro transfer to Germany?
Germany is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need DAKVDEFFT66.
How long does it take to send money to Clearstream Banking AG?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Can I use DAKVDEFF instead of DAKVDEFFT66?
DAKVDEFF points to the main office of Clearstream Banking AG, while DAKVDEFFT66 points to Clearstream Banking AG. For a normal transfer the head office code is usually fine, yet use DAKVDEFFT66 if the recipient asks for it.
What is the cheapest way to send money to Clearstream Banking AG?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.