SWIFT Code DAKVDEFFFR2 — CLEARSTREAM BANKING AG, FRANKFURT AN DER ODER

About SWIFT Code DAKVDEFFFR2 — CLEARSTREAM BANKING AG, FRANKFURT AN DER ODER

SWIFT code DAKVDEFFFR2 is the official 11-character branch-specific BIC (Bank Identifier Code) for CLEARSTREAM BANKING AG in FRANKFURT AN DER ODER, Germany. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by CLEARSTREAM BANKING AG for all outward international remittances from FRANKFURT AN DER ODER. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code DAKVDEFFFR2

The code DAKVDEFFFR2 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code DAKVDEFFFR2

Receiving International Wire Transfers

To receive money from abroad at your CLEARSTREAM BANKING AG account in FRANKFURT AN DER ODER, share SWIFT code DAKVDEFFFR2 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at CLEARSTREAM BANKING AG, FRANKFURT AN DER ODER must provide SWIFT code DAKVDEFFFR2. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using CLEARSTREAM BANKING AG in FRANKFURT AN DER ODER rely on SWIFT code DAKVDEFFFR2 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for CLEARSTREAM BANKING AG →

For cheque clearing or NACH mandates, use the MICR code for CLEARSTREAM BANKING AG →

For TDS challan deposits, find the BSR code for CLEARSTREAM BANKING AG →

How SWIFT Code DAKVDEFFFR2 Routes an International Transfer

1. Initiation: The sender provides SWIFT code DAKVDEFFFR2 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to CLEARSTREAM BANKING AG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CLEARSTREAM BANKING AG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code DAKVDEFFFR2

• Spaces or lowercase letters — Always enter DAKVDEFFFR2 uppercase with no spaces.
• Using the wrong city — This code is for FRANKFURT AN DER ODER only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Germany.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm DAKVDEFFFR2 directly with CLEARSTREAM BANKING AG's FRANKFURT AN DER ODER branch or via the SWIFT BIC Directory.