A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example, providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789.
The purpose of payment code (see Appendix XI) is mandatory and has to be added to the reason of payment. The purpose of payment code consists of a 3 character code that must be specified in Field 77B.
Examples:
For cross-border transactions outbound from UAE: /ORDERRES/AE//purpose code
For cross-border transactions inbound to UAE: /BENEFRES/AE//purpose code
Remark: for payments made from accounts held within BNPP France, or in case the purpose code cannot be specified in field 77B, the code needs to be indicated on line 1 of the remittance information field (field 70) of the payment instruction with /REF/ pre-coded before the 3 character purpose code.
Example: code “COM” must be included in F70 line 1 as: /BENEFRES/AE//COM
Payments in AED toward the UAE
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The beneficiary’s physical full address is recommended.
Payments in AED outside the UAE
Standard information
The IBAN format is mandatory (see Appendix VI).