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Payment Purpose Codes

Countries requiring Payment Purpose Codes

The following to be submitted with the transaction

  • China (SWIFT CNY payments only)
  • India (local INR payments to India only)
  • Malaysia (local MYR payments to Malaysia only)
  • United Arab Emirates (SWIFT payments in all currencies)

See below a list of Payment Purpose Codes and their corresponding descriptions for each of these countries.

China

Code Description
CCTFDR Payment to Capital Account
COCADR Payment to Current Account
CCDNDR Charity Donation
CGODDR Trade Settlement for Goods
CSTRDR Trade Settlement for Services

India

Code Description Use
advertising Advertising and public relations-related expenses Business, Individual
advisor_fees Fees for advisory, technical, academic or specialist assistance Business, Individual
construction Construction costs/expenses Business, Individual
delivery Delivery fees for goods Business, Individual
education Education-related student expenses Individual
exports Payments for exported goods Business, Individual
family Family maintenance Business, Individual
fund_investment Mutual fund investment Individual
goods Trade settlement for goods and general goods trades Business, Individual
hotel Hotel accommodation Individual
insurance_claims Insurance claims payment Business, Individual
insurance_premium Insurance premium Individual
loan_repayment Repayment of loans Individual
medical Medical treatment and expenses Individual
office Representative office expenses Business, Individual
other_fees Broker, front end, commitment, guarantee and custodian fees Business, Individual
property_purchase Purchase of residential property Individual
royalties Royalty, trademark, patent and copyright fees Business, Individual
services Information service charges Business, Individual
share_investment Investment in shares Individual
tax Tax payment Individual
transfer Transfer to own account Business, Individual
transportation Transportation fees for goods Business, Individual
travel Travel Business, Individual
utilities Utility bills Individual

Malaysia

Code Description
advertising Advertising and public relations-related expenses
advisor_fees Fees for advisory, technical, academic or specialist assistance
business_insurance Product indemnity insurance
construction Construction costs/expenses
delivery Delivery fees for goods
education Education-related student expenses
exports Payments for exported goods
family Family maintenance
fund_investment Mutual fund investment
homesend Homesend Payments
hotel Hotel accommodation
insurance_claims Insurance claims payment
insurance_premium Insurance premium
loan_repayment Repayment of loans
medical Medical treatment and expenses
office Representative office expenses
other_fees Broker, front end, commitment, guarantee and custodian fees
property_purchase Purchase of residential property
property_rental Property rental payment
royalties Royalty, trademark, patent and copyright fees
services Information service charges
share_investment Investment in shares
tax Tax payment
transfer Transfer to own account
transportation Transportation fees for goods
travel Travel
utilities Utility bills

United Arab Emirates

Code Description
ACM Agency Commission
AES Advance payment against EOS
AFA Receipts or payments from personal residents bank account or deposits abroad
AFL Receipts or payments from personal non-resident bank account in the UAE
ALW Allowances
ATS Air transport
BON Bonus
CCP Corporate Card Payment
CEA Equity and investment fund shares for the establishment of new company from residents abroad, equity of merger or acquisition of companies abroad from residents and participation to capital increase of related companies abroad
CEL Equity and investment fund shares for the establishment of new company in the UAE from non-residents, equity of merger or acquisition of companies in the UAE from non-residents and participation to capital increase of related companies from non-residents in the UAE
CHC Charitable Contributions
CIN Commercial Investments
COM Commission
COP Compensation
CRP Credit Card Payments
DCP Pre-Paid Reloadable & Personalized Debit Card Payments
DIV Dividend Payouts
DLA Purchases and sales of foreign debt securities in not related companies – More than a year
DLF Debt instruments intragroup loans, deposits foreign
DLL Purchases and sales of securities issued by residents in not related companies – More than a year
DOE Dividends on equity not intra group
DSA Purchases and sales of foreign debt securities in not related companies – Less than a year
DSF Debt instruments intragroup foreign securities
DSL Purchases and sales of securities issued by residents in not related companies – Less than a year
EDU Educational Support
EMI Equated Monthly Instalments
EOS End of Service
FAM Family Support
FDA Financial derivatives foreign
FDL Financial derivatives in the UAE
FIA Investment fund shares foreign
FIL Investment fund shares in the UAE
FIS Financial services
FSA Equity other than investment fund shares in not related companies abroad
FSL Equity other than investment fund shares in not related companies in the UAE
GDE Goods Sold
GDI Goods bought
GMS Processing repair and maintenance services on goods
GOS Government goods and services embassies etc
GRI Government related income taxes tariffs capital transfers etc
IFS Information services
IGD Intra group dividends
IGT Inter group transfer
IID Intra group interest on debt
INS Insurance services
IOD Income on deposits
IOL Income on loans
IPC Charges for the use of intellectual property royalties
IPO IPO subscriptions
IRP Interest rate swap payments
IRW Interest rate unwind payments
ISH Income on investment funds share
ISL Interest on securities more than a year
ISS Interest on securities less than a year
ITS Computer services
LAS Leave salary
LDL Debt instruments intragroup loans, deposits in the UAE
LDS Debt instruments intragroup securities in the UAE
LEA Leasing abroad
LEL Leasing in the UAE
LIP Loan interest payments
LLA Loans – Drawings or Repayments on loans extended to nonresidents – Long-term
LLL Loans – Drawings or Repayments on foreign loans extended to residents – Long-term
LNC Loan charges
LND Loan disbursements
MCR Monetary Claim Reimbursements Medical Insurance or Auto Insurance etc.
MWI Mobile wallet cash in
MWO Mobile wallet cash out
MWP Mobile wallet payments
OAT Own account transfer
OTS Other modes of transport
OVT Overtime
PEN Pension
PIN Personal Investments
PIP Profits on Islamic products
PMS Professional and management consulting services
POR Refunds or Reversals on IPO subscriptions
POS POS Merchant Settlement
PPA Purchase of real estate abroad from residents
PPL Purchase of real estate in the UAE from non-residents
PRP Profit rate swap payments
PRR Profits or rents on real estate
PRS Personal cultural audio visual and recreational services
PRW Profit rate unwind payments
RDS Research and development services
RFS Repos on foreign securities
RLS Repos on securities issued by residents
RNT Rent payments
SAA Salary advance
SAL Salary
SCO Construction
SLA Loans – Drawings or Repayments on loans extended to nonresidents – Short-term
SLL Loans – Drawings or Repayments on foreign loans extended to residents – Short-term
STR Travel
STS Sea transport
SVI Stored value card cash-in
SVO Stored value card cash-out
SVP Stored value card payments
TCP Trade credits and advances payable
TCR Trade credits and advances receivable
TCS Telecommunication services
TKT Tickets
TOF Transfer of funds between persons Normal and Juridical
TTS Technical trade-related and other business services
UTL Utility Bill Payments