SWIFT/BIC code DEGUDEFFCOL
DEGUDEFFCOL belongs to Degussa Bank AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | DEGUDEFFCOL |
|---|---|
| 8-character code | DEGUDEFF |
| Branch code | COL |
| Bank | Degussa Bank AG |
| Branch | Collaterals Eurex |
| City | Frankfurt Am Main |
| Country | Germany |
The way the Degussa Bank AG SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DEGU 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.
- COL 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 uses BIC DEGUDEFFCOL?
DEGUDEFFCOL identifies Collaterals Eurex, a branch or department of Degussa Bank AG in Frankfurt Am Main, Germany. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I enter DEGUDEFFCOL incorrectly?
The payment may be delayed, returned or charged extra fees. Always check DEGUDEFFCOL against the details from Degussa Bank AG before sending.
How long does a transfer to Degussa Bank AG take?
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 DEGUDEFFCOL to send euros to Germany?
Germany belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need DEGUDEFFCOL.
What do the letters in DEGUDEFFCOL mean?
DEGU is the institution code of Degussa Bank AG, DE stands for Germany, FF is the code for the city or region and COL identifies the branch Collaterals Eurex.
Can I use DEGUDEFF instead of DEGUDEFFCOL?
DEGUDEFF is the main office of Degussa Bank AG, while DEGUDEFFCOL points to Collaterals Eurex. Most international transfers work with the head office code, yet use DEGUDEFFCOL if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.