Deutsche Boerse Aktiengesellschaft SWIFT/BIC code

SWIFT/BIC code of Deutsche Boerse Aktiengesellschaft

XDWZDEF1 and XDWZDEF1XXX are the short and the long form of the same bank identifier, and both point to Deutsche Boerse Aktiengesellschaft in Eschborn. Every bank on the SWIFT network uses BIC codes to direct international transfers to the right institution. It comes up mainly for transfers between countries and payments in foreign currencies.

On this page we explain what the code is put together, when you need it and which other details a transfer to or from Deutsche Boerse Aktiengesellschaft requires. The SWIFT code on its own does not identify an individual account holder; that is what the IBAN or account number .

Head office or branch code at Deutsche Boerse Aktiengesellschaft?

Deutsche Boerse Aktiengesellschaft uses 3 separate SWIFT/BIC codes. Only one is the head office code, XDWZDEF1XXX; the rest belong to branches or departments, and sometimes specific services.

For most payments to a private or business account, the head office code XDWZDEF1XXX is what you need. When you receive a branch code, use it as it is instead of replacing it with the head office code.

Not sure which code applies? Ask the recipient, or look at a recent statement from Deutsche Boerse Aktiengesellschaft. Branch codes are more prone to be retired than the head office code.

How to check XDWZDEF1 before you pay

The most reliable place for the right code is a document from the bank itself, such as a statement or the account details in online banking. If the code you have does not match XDWZDEF1 or XDWZDEF1XXX, stop and ask – contact the recipient or Deutsche Boerse Aktiengesellschaft.

An incorrect BIC may lead to a delay, a returned payment or additional charges for investigation. An error in the IBAN or account number is a bigger problem, because the money may be credited to someone else; check it just as carefully.

An automatic check in your banking app merely confirms that the IBAN is valid, not that it is the right account. Where available, a name check before sending adds an extra layer of safety. A small test payment is worth it for a large first payment.

What the XXX in XDWZDEF1XXX means

A BIC is made up of a few fixed parts: the first four letters stand for the bank, characters five and six show the country and the two after that indicate the location. Together, these eight characters form XDWZDEF1, the code most people search for.

Most payment forms work with either length. If a form asks for eleven characters, enter XDWZDEF1XXX.

Leave out spaces or dashes when you enter XDWZDEF1. A wrong letter may route the money to another bank, so copy it carefully.

What to give a sender who pays you at Deutsche Boerse Aktiengesellschaft

Someone abroad who wants to pay you needs several details about your account, and missing ones are a common cause of delays. That means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code XDWZDEF1XXX (or XDWZDEF1) and, often, your postal address.

Certain banks want the address of Deutsche Boerse Aktiengesellschaft in Eschborn; it does no harm to include it. A mistake in the IBAN can be more trouble than you might think.

Money from abroad will not always arrive in full. Fees for incoming transfers vary per bank; check the price list of Deutsche Boerse Aktiengesellschaft. Make clear with the sender who pays which costs before the money is sent.

The Euro and what conversion costs you

The currency of Germany is the Euro (EUR). If you send money in a different currency has to be converted somewhere along the way: by your bank, an intermediary or Deutsche Boerse Aktiengesellschaft itself. There is rarely a separate line for that conversion; it is built into the rate.

Where the conversion happens has an effect on the final amount, since every bank sets its own rate. Check how much EUR the recipient gets via different providers.

The EUR rate fluctuates throughout the day, so the amount you see is usually only valid for a short time. For regular payments, a slightly better rate make a real difference over time.

Do you need XDWZDEF1 for a SEPA transfer?

Germany is part of the SEPA area, where euro transfers follow common rules. For a regular euro transfer within SEPA, you normally only need the IBAN and the BIC is often filled in automatically.

Outside the euro and for senders outside SEPA, XDWZDEF1XXX or XDWZDEF1 is still required. If a payment form asks for the BIC anyway, entering XDWZDEF1 is fine.

Instant euro transfers have become increasingly available within SEPA. Provided no currency is converted, a SEPA transfer is inexpensive; costs rise once a conversion is involved.

Where our SWIFT data comes from

The details here come from public sources. It is possible that information here is no longer current, for example after a merger. Figures such as the number of codes come from our directory and are not confirmed by Deutsche Boerse Aktiengesellschaft.

Treat this page as a starting point, rather than as the final word: the recipient’s bank details come first. GoldexPay is a comparison site for money transfers and not affiliated with Deutsche Boerse Aktiengesellschaft. Should you notice something that is out of date, we appreciate a short note via the contact page.

Paying someone abroad from your Deutsche Boerse Aktiengesellschaft account

What you pay for a payment abroad is made up of more than one component. Besides the transfer fee, correspondent or intermediary banks can deduct a fee, and if currencies are converted, the bank usually applies a rate below the real market rate.

Many banks rarely list the margin on the rate separately. Compare the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

Specialist money transfer services often offer a rate near the mid-market rate. GoldexPay lists these services side by side, showing the amount the recipient gets. You can still use your account at Deutsche Boerse Aktiengesellschaft as the source of the money; only the conversion and sending happen elsewhere.

Transfer times and tracking a payment to Deutsche Boerse Aktiengesellschaft

A SWIFT payment usually needs one to a few business days – it depends on currency, route and the banks in between. Bank holidays in the sending or receiving country can add extra days. Extra checks by one of the banks may also add a delay, even when all details are correct.

When a payment takes longer than expected, ask your bank about the tracking status or the UETR; with that reference banks can see where the payment is. Money transfer services often show a status online showing where the payment has got.

Only the sending bank can start an official trace – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, it helps to look at your account to see a slightly lower amount, since fees may have been deducted.

Protect yourself against fake payment requests

Stay alert if a contact unexpectedly wants you to send money to a different account abroad. That XDWZDEF1 is a real code does not mean that a request mentioning it is legitimate.

Never rely on a phone number in the same message that contains the new account. Pressure and requests to keep it quiet tend to be red flags – a real supplier can wait a day. Acted too fast? Contact the bank you paid from straight away and ask them to try to recall the payment; also report it to the police.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference to another account. Wait until the money has really arrived and check with Deutsche Boerse Aktiengesellschaft if anything seems off.