SWIFT Code CHTGDE51 — XCHANGING TRANSACTION BANK GMBH, FRANKFURT AM MAIN

About SWIFT Code CHTGDE51 — XCHANGING TRANSACTION BANK GMBH, FRANKFURT AM MAIN

SWIFT code CHTGDE51 is the official 8-character head-office BIC (Bank Identifier Code) for XCHANGING TRANSACTION BANK GMBH in FRANKFURT AM MAIN, 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 XCHANGING TRANSACTION BANK GMBH for all outward international remittances from FRANKFURT AM MAIN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CHTGDE51

The code CHTGDE51 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CHTGDE51

Receiving International Wire Transfers

To receive money from abroad at your XCHANGING TRANSACTION BANK GMBH account in FRANKFURT AM MAIN, share SWIFT code CHTGDE51 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 XCHANGING TRANSACTION BANK GMBH, FRANKFURT AM MAIN must provide SWIFT code CHTGDE51. 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 XCHANGING TRANSACTION BANK GMBH in FRANKFURT AM MAIN rely on SWIFT code CHTGDE51 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 XCHANGING TRANSACTION BANK GMBH →

For cheque clearing or NACH mandates, use the MICR code for XCHANGING TRANSACTION BANK GMBH →

For TDS challan deposits, find the BSR code for XCHANGING TRANSACTION BANK GMBH →

How SWIFT Code CHTGDE51 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CHTGDE51 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 XCHANGING TRANSACTION BANK GMBH.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: XCHANGING TRANSACTION BANK GMBH receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CHTGDE51

• Spaces or lowercase letters — Always enter CHTGDE51 uppercase with no spaces.
• Using the wrong city — This code is for FRANKFURT AM MAIN 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 CHTGDE51 directly with XCHANGING TRANSACTION BANK GMBH's FRANKFURT AM MAIN branch or via the SWIFT BIC Directory.