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SWIFT/BIC code DAKVDEFFT71

DAKVDEFFT71 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.

DAKVDEFFT71

Code details

SWIFT/BIC codeDAKVDEFFT71
8-character codeDAKVDEFF
Branch codeT71
BankClearstream Banking AG
Branch—
CityFrankfurt Am Main
CountryGermany

The way 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.
T71 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/BIC code DAKVDEFFT71?

The code DAKVDEFFT71 belongs to Clearstream Banking AG, part of Clearstream Banking AG in Frankfurt Am Main, Germany. Use this branch code only when the recipient or their bank explicitly asks for it.

What does each part of DAKVDEFFT71 mean?

DAKV is the bank code of Clearstream Banking AG, DE is the ISO code of Germany, FF is the code for the city or region and T71 is the code of the branch Clearstream Banking AG.

What happens if I enter DAKVDEFFT71 with a typo?

Your transfer can bounce, get stuck or cost extra. Double-check DAKVDEFFT71 with the recipient before you confirm.

Can I use DAKVDEFF instead of DAKVDEFFT71?

DAKVDEFF points to the head office of Clearstream Banking AG, while DAKVDEFFT71 points to Clearstream Banking AG. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention DAKVDEFFT71.

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

Banks often add 1–3% 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.

Do I need DAKVDEFFT71 to send euros 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. If you send another currency you do need DAKVDEFFT71.

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