Question 1

What is the SWIFT code for Deutsche Bundesbank?

Accepted Answer

The SWIFT/BIC code for Deutsche Bundesbank is MARKDEFF. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to Deutsche Bundesbank?

Accepted Answer

To send money internationally to Deutsche Bundesbank, provide your bank with the SWIFT/BIC code MARKDEFF (FRANKFURT AM MAIN, Germany) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Deutsche Bundesbank a SEPA member?

Accepted Answer

Yes, Deutsche Bundesbank is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code MARKDEFF mean?

Accepted Answer

In the BIC code MARKDEFF: "MARK" is the institution code identifying Deutsche Bundesbank, "DE" is the ISO 3166-1 country code for Germany, and "FF" is the location code indicating the bank's city or timezone zone.

MARKDEFF

Frequently Asked Questions