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SWIFT/BIC code DAKVDEFFT70

DAKVDEFFT70 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.

DAKVDEFFT70

Code details

SWIFT/BIC codeDAKVDEFFT70
8-character codeDAKVDEFF
Branch codeT70
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.
T70 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 SWIFT code DAKVDEFFT70?

DAKVDEFFT70 identifies 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.

Can I use DAKVDEFF instead of DAKVDEFFT70?

DAKVDEFF points to the head office of Clearstream Banking AG, while DAKVDEFFT70 is Clearstream Banking AG. Most international transfers work with the head office code, but use DAKVDEFFT70 if the recipient asks for it.

What happens if I use DAKVDEFFT70 with a typo?

Your transfer can bounce, get stuck or cost extra. Always check DAKVDEFFT70 with the recipient before sending.

How long does a transfer to Clearstream Banking AG take 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.

What is the cheapest way to send money to Clearstream Banking AG in Germany?

Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.

Do I need DAKVDEFFT70 to send euros to Germany?

Germany belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need DAKVDEFFT70.

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