IBAN for KfW Bank
KfW Bank is a major bank in Germany. IBANs at KfW Bank are 22 characters long with SWIFT/BIC code KFWIDEFF. German state-owned development bank. Used for structured payouts and subsidies.
KfW Bank
Germany · EUR
How to Pay KfW Bank in Germany via Bitwage
Germany is in the SEPA zone. Bitwage routes payments to KfW Bank 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 KfW Bank IBAN (22 characters) and SWIFT code KFWIDEFF.
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 KfW Bank 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?
KfW Bank IBAN FAQ
Common questions about KfW Bank IBAN format, SWIFT code, and paying Germany contractors.
KfW Bank IBANs are 22 characters long and start with DE. A typical example is DE11 5007 0024 0000 1234 56. German state-owned development bank. Used for structured payouts and subsidies. For international payments you will also need the SWIFT/BIC code KFWIDEFF.
The SWIFT/BIC code for KfW Bank is <strong>KFWIDEFF</strong>. This identifies KfW Bank 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 KfW Bank 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 KfW Bank accounts — in a single CSV payment run. Bitwage validates each IBAN, locks the FX rate lock, and routes all payments simultaneously.
Related Resources
Pay KfW Bank in Germany
Without the SWIFT Fee
Skip the $25–50 wire fee. Bitwage routes via SEPA instant — faster and cheaper for every contractor payment.