SWIFT/BIC code MARKDEF1450
MARKDEF1450 belongs to Deutsche Bundesbank in Hagen, Germany.
Code details
| SWIFT/BIC code | MARKDEF1450 |
|---|---|
| 8-character code | MARKDEF1 |
| Branch code | 450 |
| Bank | Deutsche Bundesbank |
| Branch | — |
| City | Hagen |
| Country | Germany |
How the Deutsche Bundesbank SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MARK Bank code
- 4 letters that identify the bank.
- DE Country code
- 2 letters for the country (ISO 3166).
- F1 Location code
- 2 characters for the city or region of the head office.
- 450 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 code MARKDEF1450?
MARKDEF1450 is the SWIFT/BIC code of Deutsche Bundesbank, part of Deutsche Bundesbank in Hagen, Germany. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I use MARKDEF1450 with a typo?
The payment may be delayed, returned or charged extra fees. Always check MARKDEF1450 with the recipient before you confirm.
What is the cheapest way to send money to Deutsche Bundesbank in Germany?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
What does each part of MARKDEF1450 mean?
MARK is the bank code of Deutsche Bundesbank, DE stands for Germany, F1 is the code for the city or region and 450 is the code of the department Deutsche Bundesbank.
Can I use MARKDEF1 instead of MARKDEF1450?
MARKDEF1 points to the main office of Deutsche Bundesbank, while MARKDEF1450 points to Deutsche Bundesbank. For a normal transfer the head office code is usually fine, but use MARKDEF1450 if the recipient asks for it.
Do I need MARKDEF1450 to send euros to Germany?
Germany is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need MARKDEF1450.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.