SWIFT/BIC code DRESDEFF242
DRESDEFF242 belongs to Commerzbank AG (Formerly Dresdner Bank AG) in Otterndorf, Germany.
Code details
| SWIFT/BIC code | DRESDEFF242 |
|---|---|
| 8-character code | DRESDEFF |
| Branch code | 242 |
| Bank | Commerzbank AG (Formerly Dresdner Bank AG) |
| Branch | — |
| City | Otterndorf |
| Country | Germany |
How the Commerzbank AG (Formerly Dresdner Bank AG) SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DRES 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.
- 242 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 is behind BIC DRESDEFF242?
The code DRESDEFF242 belongs to Commerzbank AG (Formerly Dresdner Bank AG), part of Commerzbank AG (Formerly Dresdner Bank AG) in Otterndorf, Germany. Only use it if the recipient or their bank explicitly asks for it.
What does each part of DRESDEFF242 mean?
DRES is the institution code of Commerzbank AG (Formerly Dresdner Bank AG), DE stands for Germany, FF is the location code and 242 identifies the department Commerzbank AG (Formerly Dresdner Bank AG).
Do I need DRESDEFF242 for a euro transfer to Germany?
Germany is part of 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 DRESDEFF242.
How long does it take to send money to Commerzbank AG (Formerly Dresdner Bank AG)?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
What is the best way to send money to Commerzbank AG (Formerly Dresdner Bank 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.
Has Commerzbank AG (Formerly Dresdner Bank AG) got more SWIFT/BIC codes?
Yes – our database contains 648 SWIFT/BIC codes for Commerzbank AG (Formerly Dresdner Bank AG) in Germany. All of them are listed on the page of Commerzbank AG (Formerly Dresdner Bank AG).
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.