SWIFT/BIC code ESSEDE51L01
ESSEDE51L01 belongs to SEB AG in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | ESSEDE51L01 |
|---|---|
| 8-character code | ESSEDE51 |
| Branch code | L01 |
| Bank | SEB AG |
| Branch | SEB Tzn Mb |
| City | Frankfurt Am Main |
| Country | Germany |
The way the SEB AG SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ESSE Bank code
- 4 letters that identify the bank.
- DE Country code
- 2 letters for the country (ISO 3166).
- 51 Location code
- 2 characters for the city or region of the head office.
- L01 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 SWIFT/BIC code ESSEDE51L01?
ESSEDE51L01 is the SWIFT/BIC code of SEB Tzn Mb, part of SEB AG in Frankfurt Am Main, Germany. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use ESSEDE51L01 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check ESSEDE51L01 with the recipient before sending.
How long does it take to send money to SEB AG in Germany?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need ESSEDE51L01 for a euro transfer to Germany?
Germany is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need ESSEDE51L01.
What does each part of ESSEDE51L01 stand for?
ESSE is the bank code of SEB AG, DE is the ISO code of Germany, 51 is the code for the city or region and L01 identifies the branch SEB Tzn Mb.
What is the cheapest way to send money to SEB AG in Germany?
Many banks add several percent 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.