St. Galler Kantonalbank Deutschland AG SWIFT/BIC code

GAKDDEM1 – the SWIFT/BIC code of St. Galler Kantonalbank Deutschland AG

The short code GAKDDEM1 and the full code GAKDDEM1XXX refer to the same bank: St. Galler Kantonalbank Deutschland AG, with its head office in Muenchen. The code has a single purpose: it makes sure that a cross-border transfer reaches the right bank. You will need it mostly for payments that cross a border or a currency.

Further down we go through the practical questions: receiving money at St. Galler Kantonalbank Deutschland AG, paying someone in another country and how to check the code before you confirm a payment. Remember that the BIC only identifies the bank, not the person: the account number or IBAN does that part.

Watch out for payment fraud

Criminals often use payment requests with new bank details sent from what looks like a familiar address. That GAKDDEM1 is a real code is no guarantee that the account is legitimate.

Verify new bank details via a different channel like a call to a number from an earlier contract. Pressure and secrecy are red flags – a real supplier can wait a day. Acted too fast? Contact your bank straight away and ask them to start a recall.

Scams also target the receiver: someone claims to have sent more than agreed and wants you to return the extra via a different route. Do not act before the money has really arrived and check with St. Galler Kantonalbank Deutschland AG if anything seems off.

GAKDDEM1 or GAKDDEM1XXX – which one to use?

The layout of every SWIFT code never changes: a bank code of four letters, two for the country and two for the location. For St. Galler Kantonalbank Deutschland AG, that core is GAKDDEM1.

XXX at the end of GAKDDEM1XXX does not stand for a placeholder or an error: it stands for the main office of St. Galler Kantonalbank Deutschland AG. Some banking apps ask for 11 characters, in which case you simply enter XXX after GAKDDEM1.

Type the code as one block, in capitals and without separators, exactly as shown here. Look out for O versus 0 and I versus 1.

International transfers from St. Galler Kantonalbank Deutschland AG: the real cost

If you transfer money abroad via St. Galler Kantonalbank Deutschland AG, the visible fee is only part of what you pay. You pay the transfer fee, possibly fees charged by intermediary banks in between and, above all, the exchange rate markup if the currency changes.

The real cost is often in the rate: the bank converts at a rate with a margin built in. A simple test: put the rate you get next to the mid-market rate and look at the difference.

Specialist money transfer services often use rates closer to the mid-market rate with clearer fees. Before your next transfer, it is worth to compare what arrives on GoldexPay rather than accepting the bank’s rate by default. You can always use your account at St. Galler Kantonalbank Deutschland AG as the source of the money, while a cheaper service handles the conversion.

Tracking a transfer to or from St. Galler Kantonalbank Deutschland AG

There is no single delivery time: some arrive within a day while others need several business days. Bank holidays in either country add extra days to the journey. Occasionally a bank asks what the payment is for.

When a payment takes longer than expected, ask the sending bank about the tracking status or the UETR so they can trace it along the chain. Keep the payment confirmation; it contains the details a bank needs to start a trace.

The bank that sent the money can start an official trace or a recall; the receiving side usually has nothing to trace yet. On the receiving end, you can check your statements to see a slightly lower amount, since fees may have been deducted.

What to give a sender who pays you at St. Galler Kantonalbank Deutschland AG

To receive an international payment into your account at St. Galler Kantonalbank Deutschland AG, the sender needs not just the SWIFT code. In practice that means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code GAKDDEM1XXX (or GAKDDEM1) and usually your postal address.

Certain banks also ask for the bank’s address, so keep it at hand. A mistake in your account number can be harder to fix than you might think, so copy the details from your online banking.

Expect that the incoming amount is smaller than the amount on the sender’s receipt. Correspondent banks can take a fee, St. Galler Kantonalbank Deutschland AG may charge for incoming payments, and if the money is converted, a markup on the rate applies. On invoices, you can state how the fees are split, so that nobody is left short.

Do you need GAKDDEM1 for a SEPA transfer?

Because Germany is part of the SEPA zone, a euro transfer into St. Galler Kantonalbank Deutschland AG from another SEPA country usually requires just an IBAN. Most banking apps do not require the BIC for these payments or fill it in for you.

Outside the euro and for senders outside SEPA, GAKDDEM1XXX is still part of the payment details. Some forms still ask for the BIC out of habit; in that case, fill in GAKDDEM1 or GAKDDEM1XXX.

Euro payments within SEPA usually arrive within one business day. Charges on SEPA transfers tend to be low, as long as no currency conversion is involved.

Sending EUR to St. Galler Kantonalbank Deutschland AG

Germany uses the Euro (EUR). Money sent in a different currency will be exchanged into EUR. You rarely see a separate charge for the conversion; it is built into the rate.

Which bank converts the payment makes a difference: every bank has its own margin. Sending the amount already in EUR usually avoids a second conversion by St. Galler Kantonalbank Deutschland AG, provided the rate you get is fair.

The rate for EUR fluctuates constantly. If you pay regularly, small differences in the rate make a real difference over time.

Verifying the SWIFT code of St. Galler Kantonalbank Deutschland AG

The best place to find the correct BIC is a document from the bank itself like a bank statement or the account page in online banking. When the code you were given does not match GAKDDEM1 or GAKDDEM1XXX, do not guess: check with the recipient or with St. Galler Kantonalbank Deutschland AG directly.

With a wrong code, the payment might get stuck, bounce back or cost extra, and tracing it can take weeks. Remember the IBAN: an error there can be more difficult to undo than a wrong code.

A validity check by your bank merely confirms that the IBAN is valid – not that it belongs to the person you mean to pay. If your bank offers it, a name check before sending adds extra certainty. Sending a small amount first can be a sensible step for large sums, even if it costs an extra fee.

Choosing between the 2 SWIFT codes of St. Galler Kantonalbank Deutschland AG

Having 2 codes in 1 cities, St. Galler Kantonalbank Deutschland AG is one of the banks that use separate codes for branches. The main code is GAKDDEM1XXX.

If nobody asks you for a branch code, go with GAKDDEM1XXX. If you have been given a branch code, use it as it is instead of replacing it for the head office code.

The best way is to take the code straight from the recipient’s invoice. Branch codes are more prone to be retired than the head office code when a bank merges or closes offices.

A note on our data

We collect bank codes from publicly available data and check our list regularly. Institutions merge, close branches and retire codes, and a directory never catches every change immediately. The number of codes on this page reflect what is in our directory and not on information from St. Galler Kantonalbank Deutschland AG itself.

See our directory on this page as a helpful check. GoldexPay has no connection to St. Galler Kantonalbank Deutschland AG, we only compare transfer services. If you notice a mistake, we welcome a message.