SWIFT Code CMCIDEDD — TARGOBANK AG CO KGAA, DUESSELDORF

About SWIFT Code CMCIDEDD — TARGOBANK AG CO KGAA, DUESSELDORF

SWIFT code CMCIDEDD is the official 8-character head-office BIC (Bank Identifier Code) for TARGOBANK AG CO KGAA in DUESSELDORF, 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 TARGOBANK AG CO KGAA for all outward international remittances from DUESSELDORF. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CMCIDEDD

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

When to Use SWIFT Code CMCIDEDD

Receiving International Wire Transfers

To receive money from abroad at your TARGOBANK AG CO KGAA account in DUESSELDORF, share SWIFT code CMCIDEDD 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 TARGOBANK AG CO KGAA, DUESSELDORF must provide SWIFT code CMCIDEDD. 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 TARGOBANK AG CO KGAA in DUESSELDORF rely on SWIFT code CMCIDEDD 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 TARGOBANK AG CO KGAA →

For cheque clearing or NACH mandates, use the MICR code for TARGOBANK AG CO KGAA →

For TDS challan deposits, find the BSR code for TARGOBANK AG CO KGAA →

How SWIFT Code CMCIDEDD Routes an International Transfer

1. Initiation: The sender provides SWIFT code CMCIDEDD 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 TARGOBANK AG CO KGAA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: TARGOBANK AG CO KGAA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CMCIDEDD

• Spaces or lowercase letters — Always enter CMCIDEDD uppercase with no spaces.
• Using the wrong city — This code is for DUESSELDORF 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 CMCIDEDD directly with TARGOBANK AG CO KGAA's DUESSELDORF branch or via the SWIFT BIC Directory.