Eurocity Bank AG SWIFT/BIC code

DLGHDEA1 – the SWIFT/BIC code of Eurocity Bank AG

The 8-character code DLGHDEA1 and the full code DLGHDEA1XXX identify one and the same institution: Eurocity Bank AG in Frankfurt Am Main, Germany. A SWIFT code shows the banks handling a payment which institution is meant to get the money. In practice you usually see the code on international invoices, in your banking app and in the bank details that Eurocity Bank AG provides.

Below we go through the practical questions: receiving money at Eurocity Bank AG, sending money abroad and how to check the code before you hit send. Keep in mind that the SWIFT code just identifies the bank, not the person: the IBAN or account number takes care of that.

Paying into Eurocity Bank AG in EUR

The currency in Germany is the Euro (EUR). When you pay money in a different currency, the amount has to be converted somewhere along the way. There is rarely a separate charge for that conversion – the cost sits in the rate.

Who does the conversion has an effect on how much arrives. Compare how much EUR arrives with different services.

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

DLGHDEA1 or DLGHDEA1XXX – which one to use?

Each SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and a two-character location code. In this case, that core is DLGHDEA1.

XXX at the end of DLGHDEA1XXX does not stand for a placeholder or an error: it stands for the main office of Eurocity Bank AG. Some banking apps ask for 11 characters, in which case you can add XXX behind DLGHDEA1.

Leave out spaces or dashes when you enter DLGHDEA1. Watch for O versus 0 and I versus 1; they are easy to mix up.

How up to date is this code?

Our SWIFT/BIC directory is based on public sources and is updated regularly. Banks reorganise, change names and change codes. Figures such as the number of codes come from our directory.

Treat our directory on this page as a handy check and rely on the recipient or Eurocity Bank AG for the final confirmation. GoldexPay is not affiliated with Eurocity Bank AG. If you notice something that is out of date, we appreciate a message via the contact page.

Is DLGHDEA1 still correct? How to check

The most reliable source for a SWIFT code is the recipient’s own bank details: an invoice, a bank statement or their online banking. If the code you have differs from DLGHDEA1 or DLGHDEA1XXX, stop and ask – contact the recipient or Eurocity Bank AG.

An incorrect BIC can cause delays, a payment being sent back or additional charges. An error in the account number can be more serious.

A validity check by your bank merely confirms that the code exists. If your bank offers it, a name check before sending adds extra certainty. A small test payment is worth it for large sums.

Choosing between the 3 SWIFT codes of Eurocity Bank AG

Eurocity Bank AG uses 3 different SWIFT/BIC codes. One of them is the head office code; the rest belong to branches.

Unless the recipient tells you otherwise, use DLGHDEA1XXX or its short form DLGHDEA1. Just use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

The best way is to take the code directly from the recipient’s bank details. Codes for branches are more prone to change than DLGHDEA1XXX when a bank merges or closes offices.

Scams that use SWIFT codes

Scammers regularly send fake invoices with changed bank details, sometimes in an email that looks completely genuine. The fact that DLGHDEA1 exists does not mean that a request mentioning it is legitimate; criminals use the codes of real banks too.

Verify changed payment details through a different channel like a call to a number from an earlier contract, not by replying to the message. Pressure or requests to keep it quiet tend to be warning signs – a real supplier can wait a day. Acted too fast? Contact your bank without delay and ask them to start a recall and report the fraud.

Scams can also work the other way. Someone sends too much and asks you to refund the difference to a new account. A payment confirmation from the sender proves nothing.

SEPA payments and the Eurocity Bank AG BIC

Germany is a member of the SEPA area, the zone for uniform euro payments. When you send euros from another SEPA country, you normally only need the IBAN.

For anything other than euros and for senders outside SEPA, DLGHDEA1XXX or DLGHDEA1 is still part of the payment details. If your banking app asks for the BIC anyway, adding DLGHDEA1 does no harm.

Instant payments in euros have become increasingly supported within SEPA – whether Eurocity Bank AG offers them for your account is worth checking. As long as the payment stays in euros, a SEPA transfer is inexpensive; it is the conversion that costs money.

Incoming international payments to Eurocity Bank AG

To receive an international payment into your account at Eurocity Bank AG, the person paying you needs not just the SWIFT code. Give them your name as the bank knows it, the IBAN or account number, SWIFT code DLGHDEA1XXX and your address, which some banks require.

You can include Eurocity Bank AG and its city as well, since some forms ask for it. A typo in your account number is more trouble than it looks, so copy the details from your online banking.

Expect that the amount credited is smaller than what the sender paid. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin comes on top. Make clear with the sender who covers the fees, especially for larger amounts.

When will the money arrive at Eurocity Bank AG?

There is no fixed delivery time for every transfer: some arrive the same day or the next. Weekends and public holidays in the sending or receiving country add a day or more. Sometimes a bank wants to know what the payment is for, which can hold things up.

When a payment takes longer than expected, contact the sending bank for the tracking status or the UETR so they can trace it along the chain. Save your transfer receipt until the money has arrived.

A missing payment is investigated by the sending bank, using the payment confirmation. As a recipient, you can look at your account for a partial amount, since fees may have been deducted.

International transfers from Eurocity Bank AG: the real cost

If you transfer money abroad through Eurocity Bank AG, the fee you see is rarely all of what you pay. On top of a fixed fee, correspondent or intermediary banks can deduct a fee, and when currencies are converted, the bank usually uses a rate below the actual market rate.

The markup on the rate is often the largest item. Check their rate against the mid-market rate – the rate you find on financial news sites.

Money transfer services frequently offer a rate near the mid-market rate. GoldexPay compares these services side by side, showing the amount the recipient gets before you commit. You can still keep your account at Eurocity Bank AG to fund the transfer.