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SWIFT/BIC code MARKDEF1550

MARKDEF1550 belongs to Deutsche Bundesbank in Mainz, Germany.

MARKDEF1550

Code details

SWIFT/BIC codeMARKDEF1550
8-character codeMARKDEF1
Branch code550
BankDeutsche Bundesbank
Branch—
CityMainz
CountryGermany

The way 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.
550 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 SWIFT/BIC code MARKDEF1550?

MARKDEF1550 is the SWIFT/BIC code of Deutsche Bundesbank, a branch or department of Deutsche Bundesbank in Mainz, Germany. Only use it if the account is held at this specific branch.

Can I use MARKDEF1 instead of MARKDEF1550?

MARKDEF1 points to the head office of Deutsche Bundesbank, while MARKDEF1550 points to Deutsche Bundesbank. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention MARKDEF1550.

Do I need MARKDEF1550 for a euro transfer to Germany?

Germany belongs to 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 MARKDEF1550.

Does Deutsche Bundesbank have more SWIFT/BIC codes?

Yes – we list 41 SWIFT/BIC codes for Deutsche Bundesbank in Germany. All of them are listed on the page of Deutsche Bundesbank.

How long does a transfer to Deutsche Bundesbank take?

SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.

What does each part of MARKDEF1550 stand for?

MARK is the institution code of Deutsche Bundesbank, DE is the ISO code of Germany, F1 is the code for the city or region and 550 identifies the branch Deutsche Bundesbank.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.