IBAN for Commerzbank
Commerzbank is a major bank in Germany. IBANs at Commerzbank are 22 characters long with SWIFT/BIC code COBADEFF. Major German commercial bank. SEPA instant transfers supported.
Commerzbank
Germany · EUR
How to Pay Commerzbank in Germany via Bitwage
Germany is in the SEPA zone. Bitwage routes payments to Commerzbank accounts via SEPA instant transfer — typically settling in under 10 seconds, with fees far below a SWIFT wire.
Add Your Contractor
In Bitwage's contractor payments dashboard, add your Germany contractor. Enter their Commerzbank IBAN (22 characters) and SWIFT code COBADEFF.
Fund Your Bitwage Balance
Deposit USD into your Bitwage Balance. No need to pre-convert to local currency — Bitwage handles FX at a locked rate.
Execute the Payment
Bitwage converts your USD to EUR and routes via SEPA. Your contractor's Commerzbank account is credited — typically same day.
Compliance & OFAC Screening
Bitwage screens every payment against OFAC sanctions lists before execution. International payments to Germany may require standard EU AML checks and contractor W-8BEN documentation. Bitwage handles this automatically for all Germany payments.
Key Terms & Resources
Other Banks in Germany
Also paying contractors at other Germany banks?
Commerzbank IBAN FAQ
Common questions about Commerzbank IBAN format, SWIFT code, and paying Germany contractors.
Commerzbank IBANs are 22 characters long and start with DE. A typical example is DE89 2004 0030 0000 1234 56. Major German commercial bank. SEPA instant transfers supported. For international payments you will also need the SWIFT/BIC code COBADEFF.
The SWIFT/BIC code for Commerzbank is <strong>COBADEFF</strong>. This identifies Commerzbank on the global SWIFT international wire transfer network. For SEPA transfers within the EU/EEA, the IBAN alone is sufficient — the SWIFT code is only required for non-SEPA international wires.
Add your contractor's Commerzbank IBAN to Bitwage's {{link:products/contractor-payments}} platform. Since Germany is in the SEPA bank transfer zone, Bitwage routes the payment via SEPA instant — typically settling in seconds at near-zero cost. No SWIFT wire fee.
Yes. With {{link:products/masspay}} you can include any number of Germany contractors — including multiple Commerzbank accounts — in a single CSV payment run. Bitwage validates each IBAN, locks the FX rate lock, and routes all payments simultaneously.
Related Resources
Pay Commerzbank in Germany
Without the SWIFT Fee
Skip the $25–50 wire fee. Bitwage routes via SEPA instant — faster and cheaper for every contractor payment.