SWIFT/BIC code DAKVDEFFT74
DAKVDEFFT74 belongs to Clearstream Banking AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DAKVDEFFT74 |
|---|---|
| 8-character code | DAKVDEFF |
| Branch code | T74 |
| 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.
- T74 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 DAKVDEFFT74?
The code DAKVDEFFT74 belongs to Clearstream Banking AG, a unit of Clearstream Banking AG in Frankfurt Am Main, Germany. Only use it if the recipient or their bank explicitly asks for it.
What happens if I enter DAKVDEFFT74 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check DAKVDEFFT74 with the recipient before sending.
What does each part of DAKVDEFFT74 mean?
DAKV is the institution code of Clearstream Banking AG, DE is the ISO code of Germany, FF is the location code and T74 identifies the branch Clearstream Banking AG.
How long does it take to send money to Clearstream Banking AG in Germany?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Can I use DAKVDEFF instead of DAKVDEFFT74?
DAKVDEFF points to the main office of Clearstream Banking AG, while DAKVDEFFT74 is Clearstream Banking AG. For a normal transfer the head office code is usually fine, but use DAKVDEFFT74 if the recipient asks for it.
Do I need DAKVDEFFT74 to send euros to Germany?
Germany belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need DAKVDEFFT74.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.