Commerzbank ag

Founded in 1870, Commerzbank is an international commercial bank with branches and offices in more than 50 countries. The core markets of Commerzbank are Germany and Poland. Commerzbank offers its products and services to private and corporate clients, as well as institutional investors. Commerzbank ag operates as a branch of COMMERZBANK AG (Germany).

Bank Category

Branches of foreign banks

Commerzbank ag participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

23 rue de la Paix, 75084, PARIS CEDEX 02, France

Commerzbank ag is located in PARIS CEDEX 02.

Bank Identifiers

BIC (SWIFT)
COBAFRPXXXX
MFI ID
FR17629

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All branches of EEA-banks operating in France participate in deposit guarantee schemes of their home countries. This means that Commerzbank ag participates in the deposit guarantee scheme of Germany.

In the case of Commerzbank ag failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Commerzbank ag and its components are shown in the table below.

BIC  COBAFRPXXXX
Bank BIC Code  COBA
Country Code  FR (France)
Location Code  PX
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Commerzbank ag is shown in the table below.

MFI ID  FR17629

European Presence: 16 banks in 14 countries

Commerzbank ag operates under the brand name Commerzbank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Belgium

Cayman Islands

Czech Republic

France

Germany

Hungary

Italy

Luxembourg

Netherlands

Slovakia

Spain

Switzerland

United Kingdom

Defunct Banks: 1 bank in 1 country

The following banks operating under Commerzbank brand name has been recently closed down:

France