Eurex Clearing AG SWIFT/BIC code

What EUXCDEFF means for a payment to Eurex Clearing AG

If an invoice shows EUXCDEFF or EUXCDEFFXXX, it is the identical identifier for Eurex Clearing AG in Germany. Banks worldwide use these codes to direct international transfers to the correct institution. In practice you usually come across it on invoices from abroad, in payment forms and on the account details that Eurex Clearing AG provides.

This page is meant to help anyone who sends money to an account at Eurex Clearing AG and wants to get the details right. The SWIFT code alone does not identify a personal account; that is what the IBAN or account number .

What to give a sender who pays you at Eurex Clearing AG

Someone abroad who wants to pay you will ask for several details from you, and missing ones are a common cause of delays. In practice that means: your full name exactly as it appears on the account, your IBAN or account number, the BIC EUXCDEFFXXX and, often, your postal address.

Their bank might also ask for the bank address of Eurex Clearing AG; the head office in Frankfurt Am Main is usually fine. Double-check the details before you share them – a sender rarely spots a mistake in someone else’s details.

Money from abroad will not always land in full. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate comes on top. For business payments, it is common to agree how the fees are split, so that nobody is left short.

How long does an international transfer to Eurex Clearing AG take?

How fast a transfer arrives at Eurex Clearing AG is determined by a few things: the currency, how many intermediary banks are involved, cut-off times and time zones. Weekends and public holidays in either country add a day or more to the journey. Occasionally a bank wants to know about the purpose of a payment, which can hold things up.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Keep your transfer receipt until the money has arrived; it contains the details a bank needs to start a trace.

If the money does not arrive within the expected time, the sender should contact their own bank, not the receiving bank. Request from the sender a copy of the payment confirmation including the reference – it helps your own bank look for the money.

Eurex Clearing AG: head office code versus branch codes

Having 32 codes, Eurex Clearing AG is one of the banks that use separate codes for branches. The main code is EUXCDEFFXXX.

In most cases there is no need to look up a branch: payments addressed to EUXCDEFFXXX are routed within Eurex Clearing AG correctly. Only use a branch code when the account holder explicitly asks for it.

Unsure which code applies? Check with the recipient or the bank itself. Branch codes are more likely to be retired than EUXCDEFFXXX.

Watch out for payment fraud

Stay wary if someone suddenly wants you to send money to another account or a bank in another country. A correct SWIFT code says nothing about who owns the account – scammers simply use real codes.

Never trust a phone number from the same email that announces the change. Pressure or requests to keep it quiet tend to be red flags. Acted too fast? Contact the bank you paid from straight away and have them start a recall.

People receiving money are targeted too: a classic trick is an overpayment and then sends a request to refund the difference abroad. Wait until the money is actually in your account and check with Eurex Clearing AG if anything seems off.

Sending EUR to Eurex Clearing AG

Most accounts at Eurex Clearing AG are typically held in EUR, the local currency. If you send money in a different currency, the amount gets converted at some point: by your bank, an intermediary or Eurex Clearing AG itself. You rarely see a separate charge for the conversion; it is built into the rate.

Who does the conversion has an effect on the final amount. Transferring the money already in EUR usually avoids a second conversion at the receiving end – as long as your own rate is good.

The rate for EUR changes throughout the day and quotes are often valid only for a short time. With bigger transfers, even seemingly small difference in the rate adds up quickly.

Why Eurex Clearing AG has an 8- and an 11-character code

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, a two-letter country code and two characters for the location. In this case, the 8-character core is EUXCDEFF.

Most banks and apps accept either length. If a form asks for eleven characters, enter EUXCDEFFXXX.

Type the code as one block, in capitals and without spaces, exactly as shown here. Copying the code is safer than typing it by hand, because one wrong letter changes the bank.

International transfers from Eurex Clearing AG: the real cost

When you send money abroad via Eurex Clearing AG, the fee you see is rarely all of the cost. You pay the transfer fee, sometimes fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate when the money is converted.

Most of the cost usually sits in the exchange rate: the bank converts using an exchange rate with a margin built in. Compare their rate with the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

Specialised transfer providers often offer a rate near the mid-market rate and lower fees. Before your next transfer, take a minute to compare the total cost on GoldexPay rather than accepting the bank’s rate by default. You can still keep your account at Eurex Clearing AG as the source of the money, while a cheaper service handles the conversion.

A note on our data

The directory on GoldexPay is compiled from publicly available sources and is updated regularly. Institutions reorganise, change names and change codes – a directory can be a step behind. The number of codes on this page are based on our own data and not on information from Eurex Clearing AG itself.

Treat our directory here as a helpful check. We are a comparison service for money transfers and not part of Eurex Clearing AG. If you notice something that is out of date, we appreciate a short note via the contact page.

Euro transfers to Eurex Clearing AG: is a BIC needed?

Since Germany is part of the SEPA zone, a euro payment to Eurex Clearing AG from another SEPA country usually requires just an IBAN. Many banks no longer ask for the BIC for these payments or fill it in for you.

A SWIFT code like EUXCDEFF still matter for payments in other currencies and when the money comes from outside SEPA. If your banking app has a field for the BIC anyway, adding EUXCDEFF does no harm.

Instant euro transfers are increasingly available within SEPA. As long as no currency is converted, the transfer is inexpensive; it is the conversion that costs money.

How to check EUXCDEFF before you pay

The most reliable place for the correct BIC is paperwork issued by the bank. When the code you were given does not match EUXCDEFF or EUXCDEFFXXX, do not guess: check with the recipient or with Eurex Clearing AG directly.

With a wrong code, the transfer may be delayed, bounce back or cost extra, and tracing it can take weeks. Do not forget the account number: a mistake there is more difficult to undo than a wrong BIC.

An automatic check in your banking app merely tells you that the IBAN is valid – not that it belongs to the person you mean to pay. More and more banks compare the payee name against the account. A small test payment is worth it for a large first payment despite the extra fee.