SWIFT/BIC code DAKVDEFFT72

DAKVDEFFT72 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.

DAKVDEFFT72

Code details

SWIFT/BIC codeDAKVDEFFT72
8-character codeDAKVDEFF
Branch codeT72
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.
T72 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 bank uses SWIFT/BIC code DAKVDEFFT72?

DAKVDEFFT72 is the SWIFT/BIC code of 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.

How long does a transfer to Clearstream Banking AG take in Germany?

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.

Do I need DAKVDEFFT72 for a euro transfer to Germany?

Germany belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need DAKVDEFFT72.

What does each part of DAKVDEFFT72 stand for?

DAKV is the institution code of Clearstream Banking AG, DE stands for Germany, FF is the location code and T72 identifies the department Clearstream Banking AG.

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

Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.

What happens if I use DAKVDEFFT72 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check DAKVDEFFT72 with the recipient before you confirm.

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