Davys SWIFT/BIC code

What DAVYIE21 means for a payment to Davys

DAVYIE21 and DAVYIE21XXX are the short and the long form of the same SWIFT/BIC code, and both point to Davys in Dublin. A BIC does one job: it ensures that an international payment reaches the right bank. It comes up mostly when dealing with payments that cross a border.

We wrote this page to help anyone who pays into an account at Davys. The SWIFT code on its own does not identify a personal account; that is what the IBAN or account number .

Tracking a transfer to or from Davys

There is no fixed answer for every transfer: many arrive within a day while others need several business days. Payments made late in the day or on weekends and holidays often go out the next business day. Sometimes a bank asks about the purpose of a payment.

When a payment takes longer than expected, contact the sending bank for the status and the transaction reference so they can trace it along the chain. Specialist transfer services often show tracking online so you can see where the payment is.

A delayed transfer has to be investigated from the sending side, using the payment confirmation. Ask the sender for a copy of the payment confirmation.

What the XXX in DAVYIE21XXX means

A BIC is made up of fixed blocks: the first four letters identify the bank, the next two give the country and characters seven and eight indicate the location. For Davys, that core is DAVYIE21.

XXX at the end of DAVYIE21XXX is not a placeholder or a mistake: it indicates the main office of Davys. Some forms ask for 11 characters, in which case you can add XXX after DAVYIE21.

Leave out spaces when you enter DAVYIE21; the code is always written in one block. Look out for O versus 0 and I versus 1.

Which of the 2 codes of Davys do you need?

Our database contains 2 SWIFT/BIC codes for Davys, spread over 1 locations. Besides the head office code DAVYIE21XXX, you will find codes for regional offices and specialised units.

For most payments to a private or business account, the head office code DAVYIE21XXX is the right choice. If you have been given a specific code, stick to it instead of replacing it with the head office code.

The best way is to take the code directly from the account holder’s invoice. Branch codes are more prone to be retired than DAVYIE21XXX when a bank merges or closes offices.

The Euro and what conversion costs you

The local currency in Ireland is the Euro (EUR). A payment in a foreign currency is converted into EUR on its way to Davys. Each conversion eats into the amount, even when no fee is shown.

Who converts the payment matters: every bank has its own margin. Transferring the amount directly in EUR often avoids a second conversion at the receiving end.

Exchange rates change all the time. For regular payments, small differences in the rate add up over a year.

Getting paid from abroad into a Davys account

If you are waiting for money from abroad, give the sender all details at once. The basics are: the account holder’s name, account number or IBAN, DAVYIE21XXX or DAVYIE21 and in many cases your postal address.

You can add the bank name and its city too. A mistake in the IBAN is more trouble than you might think; copy them from your banking app rather than typing.

Money from abroad will not always arrive for the full amount. Correspondent banks can take a fee, Davys may charge for incoming payments, and when currencies differ, a markup on the rate comes on top. For business payments, it is common to state who bears the costs to avoid a shortfall.

What a transfer from Davys abroad really costs

The price of an international transfer has several parts. Besides the transfer fee, banks in between may take a cut, and if the money changes currency the bank usually applies a rate below the real market rate.

The markup on the rate is often the largest item. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For a lot of routes, a specialist provider turns out to be cheaper than a bank – mostly thanks to the rate. GoldexPay compares these services next to each other so you can see the amount the recipient gets for the same amount sent. Using a transfer service does not mean leaving Davys – you pay the provider from your own account.

SEPA payments and the Davys BIC

Inside SEPA, euro payments to an account in Ireland follow the same rules and in most cases need only the IBAN. The BIC field is usually optional or missing in that case.

A SWIFT code like DAVYIE21 does come into play when the currency is not euros and when the money comes from outside SEPA. If a payment form has a field for the BIC anyway, entering DAVYIE21 does no harm.

SEPA transfers usually arrive within one business day, and instant transfers in seconds where both banks support them. Provided no currency is converted, a SEPA transfer tends to be inexpensive; costs rise once a conversion is involved.

How to check DAVYIE21 before you pay

Ask the recipient to send you their bank details directly from a recent statement. When the code you were given differs from DAVYIE21 or DAVYIE21XXX, do not guess: check with the recipient or with Davys directly.

A wrong SWIFT code can cause a delay, a payment being sent back or extra fees. Remember the IBAN: a mistake there is harder to undo than a wrong code.

Many banking apps validate the structure of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. More and more banks check the payee name with the account before you confirm – do not ignore a mismatch warning. Sending a small amount first is worth it for large sums.

About this information

We gather bank codes from publicly available data and check them from time to time. Even so, banks merge, rename themselves or retire codes, so information can be out of date. Counts and locations come from our own dataset and are not confirmed by Davys.

Before any payment of any size, check the BIC with Davys or the recipient. We are a comparison service and not affiliated with Davys. If you notice something that is out of date, we appreciate a short note.

Watch out for payment fraud

Stay wary when someone suddenly asks you to pay into a different account abroad. The fact that DAVYIE21 exists is no guarantee that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Check new bank details through a different channel, not by replying to the message. Watch out for urgent requests, odd spelling or a sender address that is slightly off. Already paid? Contact the bank you paid from straight away and have them try to recall the payment.

Scams also target the receiver: someone sends more than agreed and asks you to refund the extra. A payment confirmation from the sender is no proof; only your own account shows what has arrived.