Appendix IX: Purpose of Payment Codes (RSD)

CODES OF PAYMENT

Classification by type of payment

1	Cash	Cash payments to the account and from the account
2	Noncash	Transfer (payment and other transfers) from one account into another
3	Clearing	Clearing payments
9	Rebooking	Recovery on the basis of of overpaid or erroneously paid funds

Classification by basis of payment

Transactions on the basis of trade in goods and services

20	Trade in goods and services – intermediate consumption	Payments for goods, raw materials, materials, production services, fuel, lubricants, energy, purchase of farm products, membership fees, settlement of liabilities to public companies that are not prescribed for other goods and services
21	Trade in goods and services – final consumption	Payment for goods, raw materials, materials, production services, fuel, lubricants, energy, purchase of farm products, membership fees, settlement of liabilities to public companies that are not prescribed for other goods and services (including the payment of all fees and compensations), except for investments - final consumption
22	Services of public companies	Payments of liabilities to public companies
23	Investment into plants and equipment	Payments related to the construction of plants and procurement of equipment (purchase price, delivery, assembly, etc.)
24	Investments – оther	Payments for investments, except investments into plants and equipment
25	Rents	Rents for the use of real estate and movable items in state ownership, charges for other services that qualify as public revenues
26	Rents	Rents for the use of taxable real estate and movable items
27	Subsidies, vacation supplements and premiums from special accounts	Payment, collection, transfer and calculation of subsidies, vacation supplements and premiums from the consolidated account of the treasury or funds and organizations of mandatory social insurance
28	Subsidies, vacation supplements and premiums from other accounts	Payment, collection, transfer and calculation of subsidies, vacation supplements and premiums from other accounts
31	Customs and other import duties	Payment, collection, transfer from accounts and calculation on the basis of liability for customs and other import duties (customs duties and other public revenues collected by the Customs Authority as bulk payments in its reference account)

Allocation transactions

40	Salaries and other earnings of employees	Salary; entrepreneurs’ personal salary; difference in salary of persons appointed to public office for the term of the office; payment under contract for performance of temporary and occasional work, as well as taxable remuneration given to employees for: compensation of public transport costs, per diems and business trip traveling and accommodation expenses in the country and abroad, per diems for Serbian Army employees, solidarity allowance in case of illness, rehabilitation or disability of an employee or his family members, for New Year and Christmas presents for children of employees and for service awards
41	Non-taxable earnings of employees, social and other allowances exempt from tax	Non-taxable remuneration given to employees for: compensation of public transport costs, per diems and business trip traveling and accommodation expenses in the country and abroad, per diems for Serbian Army employees, solidarity allowance in case of illness, rehabilitation or disability of an employee or his family members, for New Year and Christmas presents for children of employees and for service awards; Social and other allowances exempt from tax pursuant to the law governing personal income tax, except for allowances for volunteering
42	Compensation of earnings payable by the employer	Compensation of earnings on account of temporary work incapacity due to occupational injury or illness , which is payable by the employer from the first day of the sick leave until its end; Compensation of earnings on account of temporary work incapacity up to 30 days due to non-occupational injury or illness , pregnancyrelated illness or complications, or if mandatory quarantine was ordered for the employee, or if the employee needs to take care of a sick member of immediate family, except for a child under three years, if the employee was designated to escort a sick person pursuant to the law governing health insurance; Compensation of earnings for the duration of a paid leave during downtime, or during reduced volume of work which occurred through no fault of the employee, pursuant to Article 116 of the Labour Law
44	Earnings via youth and student cooperatives	Pay-outs to members of the cooperative from the cooperative’s account
45	Pensions	Amount of pension paid to pensioners or transferred to their current accounts with banks or other financial organisations, except pay-outs in cash
46	Deductions from pensions and salaries	Deductions on account of garnishments for credits, membership fees and other legal, administrative and other deductions
47	Compensation of earnings payable by other payers	Compensation of earnings during sick leave exceeding 30 days in case of a temporary work incapacity of over 30 days due to non-occupational injury or illness, , pregnancy-related illness or complications, or if mandatory quarantine was ordered for the employee, or if the employee needs to take care of a sick member of immediate family, except for a child under three years, if the employee was designated to escort a sick person; Compensation of earnings during sick leave exceeding 30 days in case of a temporary work incapacity because of tissue or organ donation or care for a child under three years of age; Compensation of earnings during maternity leave, or in case of absence from work in order to care for a child, or absence from work in order to provide special care for a child
48	Income of natural persons from capital or other ownership rights	Interests, dividends and shares in profit, yield from an investment unit of an open-end investment fund, income from renting out real estate and movable property, income from property rights over a copyright work, or industrial property rights, income from insurance
49	Other income of natural persons	Income from fees for copyright work, income of athletes or sport experts, income from a special service contract and other income of natural persons not listed in codes 40 through 48
53	Payment of public revenues except taxes and contributions withheld at source	Payment of public revenues, taxes specifically, except taxes withheld at source, duties, fees etc.
54	Payment of taxes and contributions withheld at source	Payment of taxes and contributions which the payer of earnings is obligated to calculate, withold at source and pay into the designated single account no later than the day of payment of earnings to a natural person after deduction
57	Refund of overcharged or erroneously collected current revenues	Transfer of funds from the current revenue account to the taxpayer’s account for overcharged or erroneously collected current revenues
58	Rebooking of overpaid or erroneously paid current revenues	Transfer of funds from one current revenue account to another on the grounds of overpaid or erroneously paid current revenues

Transfers

60	Insurance premium and indemnity	Insurance premium, reinsurance, indemnity
61	Public revenue allocation	Allocation of taxes, contributions and other current revenues paid to beneficiaries
62	Transfers across government bodies	Transfer between the account and subaccount of the treasury, transfer of funds to budget beneficiaries, payments under the Government’s social programme
63	Other transfers	Transfers between accounts of the same legal person and other transfers, allocation of joint revenues
64	Transfer of budget funds to provide for the refund of overpaid current revenues	Transfer of budget funds to the current revenue account from which refund should be made to the taxpayer
65	In-payment of takings	In-payment of daily takings
66	Cash out-payments	All cash payments from accounts of legal entities and individual entrepreneurs

Financial transactions

70	Short-term lending	Short-term lending Transfer of funds on the basis of approved short-term loans
71	Long-term lending	Transfer of funds on the basis of approved long-term loans
72	Lending interest rate	Interest rate Interest received on loans
73	Placement of time deposits
75	Other investments	Sale and purchase of equity securities, purchase of capital in the process of privatisation pursuant to the law governing privatisation, and purchase of shares from the Republic of Serbia Share Fund, interbank investments (securities, loans)
76	Repayment of short-term loans
77	Repayment of long-term loans
78	Withdrawal of time deposits
79	Interest on deposit	Interest paid on deposits and other money holdings
80	Security discounting
81	Founders’ loans for liquidity purposes	Repayment by legal entities of loans made by natural person founders
82	Repayment of founders’ loans for liquidity purposes
83	Collection of citizens’ cheques
84	Payment cards
85	Exchange transactions
86	Purchase and sale of foreign currencies
87	Grants and sponsorships	Payments from funds of banks and other legal entities pursuant to internal regulations
88	Grants	Grants based on international agreements
89	Transactions by order of citizens
90	Other transactions

REFERENCE CODE LIST FOR COLLECTION OF PAYMENTS, PAYMENTS AND TRANSFERS IN FOREIGN PAYMENT TRANSACTIONS

Description	Inflow	Outflow
I. TRANSACTIONS BETWEEN RESIDENTS AND NON-RESIDENTS
CURRENT ACCOUNTS – GOODS
Transactions in respect of trade in goods between residents and non-residents
Goods – all collections and payments in respect of exports and imports of goods (before and after actual exports and imports), – collections from and payment to carriers of goods sold in ports and airports, against a duly completed customs declaration, – interest on overdue payment/collection of payment for import/export of goods, – default interest, price differentials, exchange rate gains/losses, penalties in respect of exports and imports of goods, – collection of payment for exports and payment for imports of goods not subject to customs declaration: exports and imports of books, professional literature, etc., – payment of (uninsured) damages in the course of export and import of goods, – collection of payments and payments relating to goods for further processing, – collection of payments and payments relating to goods for repairs. Excludes: – intermediation fees, i.e. difference in prices of purchased and sold goods in case of direct re-export and transport (included in 310 – Agent and broker fees); – collection of payments and payments for further processing of goods (included in 315 – Other services – further processing of goods). – repair services (included in 314 – Other services – repairs of goods); – advance payments in respect of performance of investment works abroad (included in 421 – Construction works abroad).	112	112
Goods on the territory of the Republic – collections and payments in respect of foreign trade transactions for goods that do not cross the customs line	712	712
Payment for goods located abroad and delivered directly abroad – payment for purchased goods located abroad and delivered directly abroad and collection of payment in respect of such transaction within 180 days from the day of effecting the payment	312	312
Supplies of means of transport – collections and payments in respect of delivery of supplies to resident/non-resident means of transport (ships, airplanes, road vehicles, trains, etc.) such as fuel, food etc. on foreign/domestic terminals (ports, airports, railway stations, etc.), if no customs declaration was completed at the time of exports or imports, and regardless of whether payment and collection were performed before or after delivery of goods.	147	147
Write-offs against invoiced value of goods	650	650
Accruals against invoiced value of goods	651	651
Cover received for documentary credit in favour of local beneficiaries	514
SERVICES
This category includes collection of payments and payments in respect of trade in services between residents and non-residents, including all advance payments and refunds
Transport
Maritime transport	202	202
– Passenger transport	201	201
– Other	208	208
Air transport
– Passenger transport	242	242
– Transport of goods	241	241
– Other	248	248
Road transport
– Passenger transport	252	252
– Transport of goods	251	251
– Other	258	258
Railway transport
– Passenger transport	222	222
– Transport of goods	221	221
– Other	228	228
River transport
– Passenger transport	232	232
– Transport of goods	231	231
– Other	238	238
Passenger transport: – transport of non-residents in international traffic by domestic means of transport, – transport of residents by foreign means of transport, – transport of domestic passengers by foreign means of transport, inclusive of other costs incurred in passenger transport (surcharge costs, food and beverage on means of transport, etc.). Excludes: – transport of non-residents by domestic means of transport within the country (included in 702 – Services in tourism).
Transport of cargo: – transport of cargo, loading and unloading of means of transport, if the contract between owner of goods and the carrier stipulates that such services shall be provided by the carrier.
Other: – all types of services at ports, airports and other terminal lines (cargo, loading, unloading, storing, warehousing, packing, maintenance and cleaning of transport equipment, vehicle tow and rescue services and agent commissions and fees for provided services of transport of goods and passengers), – all services paid through correspondent current accounts. Excludes: – services of lease of vehicles and crew (included in 218 – Lease of vehicles and crew for a specified period of time); – carriers’ exploitation costs (included in 219 – Other transport related services); – other warehousing of goods (included in 319 – Warehousing); – insurance of goods (included in 259 – Insurance – premiums); – goods procured by non-resident carriers in ports, landing places and airports which are treated as goods and not as services (included in 147 – Supplies of means of transport); – repairs of railway, port and airport facilities (included in 317 – Construction works abroad); – courier services (included in 249 – Other communications services).
Other
Services of transport of oil, gas and electricity – costs of pipeline transport of oil and gas and electricity transport. Excludes: – value of delivered oil, gas and electricity (included in 112 – Goods).	213	213
Carrier services – all carrier services.	270	270
Lease of vehicles and crew to non-residents for a specific period of time and vice versa Excludes: – lease of vehicles without crew (included in 490 – Lease of means of transport without crew); – financial leasing services (included in 575 or 175 – financial leasing).	218	218
Other transport-related services include: – exploitation costs, – road tolls, – transit taxes, – overflight taxes	219	219
Tourism
Purchase/sale of foreign cash – non-residents – purchase/sale of foreign cash from/to non-residents. Excludes: – purchase/sale of foreign cash from/to residents (included in 796 or 700 – purchase/sale of foreign cash from/to resident natural persons).	701	701
Purchase/sale of cheques – non-residents – purchase/sale of cheques from/to non-residents. Excludes: – purchase/sale of cheques from/to residents (included in 795 – Purchase/sale of cheques from/to resident natural persons).	699	699
Sale/purchase of domestic currency abroad – sale of dinar cash abroad and its repurchase.	707	707
Payments abroad in respect of sold cheques of foreign issuers	-	341
Services in tourism Payments in favour of resident or non-resident legal entities and natural persons providing tourist services: – travel agency services, – accommodation services – hotels and other accommodation facilities, – restaurant services, – organization of excursions, – transport services provided by resident carriers to non-residents in the country, – tourist entertainment services, etc.	702	895
Other – tourist services – other: sale of goods and other services to tourists, hunting and fishing licenses.	705	702
Foreign business travel – costs of foreign business travel of residents for the purpose of performing all types of business activities. Excludes: – value of transactions of sale or purchase of goods, services, etc. by residents during business travel in the name and for the account of the company (included in 112 – Goods or corresponding services).	-	304
Compensation (refund) from non-resident for costs incurred during resident’s foreign business travel	343	-
Compensation for costs incurred and paid for by non-resident during business travel in our country	342	-
Tourist services – health services – costs and fees of treatment in hospitals, medical institutions and rehabilitation centres, – costs of medical treatment, etc.	401	804
Tourist services – education – total educational costs (scholarships and school fees), – specialization costs, – other educational costs.	812	812
Payment cards – payments for settlement of current account balance: settlement of payment card account balance. Includes: – payments in respect of payment cards for goods/services that the resident buys/uses during foreign travel; – collection of payment in respect of payment cards for goods/ services that the non-resident buys/uses during travel in the Republic of Serbia (hereinafter: the Republic).	532	132
Communications services
Telecommunications services – sound transfer, – information transfer by telephone or telex, – telegrams, – cable or satellite transmission, – use of SWIFT, – satellite viewing subscription, – lease of telecommunications capacities (satellites, etc.), – e-mail, etc.	245	245
Other communications services – support services to telecommunications and other services, postal services – including rental of mailboxes, services related to undelivered mail, delivery of mail, courier services, etc., – services paid through correspondent current account.	249	249
International postal money order – offsetting of debts and receivables with foreign post offices in respect of fund transfers by international postal money	271	271
Investment works (construction works, construction and installation)
Construction works abroad Construction works performed by residents abroad in the duration of up to one year, including: – preparation of the construction site, – building or road construction works, – construction and installation services, including imported equipment and instruments necessary for work on projects, – lease of construction or demolition equipment and staff, – construction repairs. Excludes: – construction works performed by branches of a resident or nonresident company abroad or in the country (included in 635 – Transactions between a parent legal entity and its branch); – preparation of site for mining, extraction of oil and gas (included in 306 – Agriculture, mining and in-field processing services); – payout of profit from construction works performed (included in 420 – Profit from construction works abroad).	317	317
Construction works abroad – advance payments in respect of investment works: advance payments or inflows under statements of works and cost estimates (referring to companies that must run separate bookkeeping for the business unit or that pay taxes in the country in which they perform the investment activity), – payments abroad in respect of performance of investment works. Excludes: – payment of profit from performed investment (construction) works (included in 420 – Profit from construction works abroad).	421	421
Construction works abroad – for costs paid in dinars – collections in respect of investment (construction) works abroad of costs paid in the country in dinars (except for goods).	422	-
Construction works performed in the country – foreign collections in respect of investment (construction) works performed by non-residents in the country in the duration of up to one year, – all payments, including advance payments, in respect of investment (construction) works performed by non-residents in the country in the duration of up to one year.	475	475
Insurance
Insurance – premiums – collections and payments of insurance premiums and transfers in respect of life insurance paid by non-resident policyholders to resident insurance companies; – collections and payments with a foreign insurance company in respect of the following types of insurance: (a) insurance of investment works abroad performed by domestic companies and of the equipment for the performance of such works if so stipulated by the contract on the performance of such works or in the regulations of the country in which the works are performed; (b) insurance of foreign credits, for the purpose of insurance of repayment of such credits, if this is stipulated in the contract at the request of the lender; (c) insurance of ships under construction or repair, if this is explicitly stipulated in the contract with a foreign buyer or ordering party; (d) insurance of overseas ships against shippers’ liability for damage to third parties and their property; (e) insurance of goods exported from or imported into the Republic, if transport of such goods is not done at the risk of a domestic legal entity or natural person; (f) insurance with a foreign property insurance company of domestic companies owned by domestic entities or in joint ownership of domestic and foreign entities, founded for the purposes of doing business abroad, and insurance of employees of such companies – if this is required by the regulations of the foreign country or if it is explicitly stipulated in the deed of incorporation of such companies; (g) insurances that the applicant for a license of a competent authority in the Republic for clinical testing of medications and medical supplies or for release into trade of medical supplies of foreign producers can contract, in conformity with the law on medications and medical supplies, with foreign insurance companies against damages that may occur as a consequence of application of such medications or medical supplies, if the insurance contract acknowledges the jurisdiction of domestic courts and other bodies to decide on damage claims; (h) insurance of foreign persons in the Republic whose property can be insured with a foreign insurance company, unless mandatory insurance in the Republic has been prescribed for such property and such persons. Excludes: – transactions in respect of mutual refund of damages between a resident and a non-resident insurance company (included in 260 or in 261 – transfers in respect of insurance); – claims of residents in respect of non-resident’s policy (included in 260 or 261 – transfers in respect of insurance) – claims of non-resident in respect of resident’s policy (included in 260 or 261 – transfers in respect of insurance); – damage indemnity arising from commercial relations (included in 892 – Taxes and contributions – state or in 893 – Taxes and contributions – other sectors).	259	259
Insurance company fees	264	264
Reinsurance fees	267	267
Reinsurance – premiums	268	268
Reinsurance – damage indemnity	269	269
Payment of contributions to voluntary pension funds in the Republic Payments and collections effected by non-residents in respect of pension contributions to voluntary pension funds in the Republic	807	807
Financial services
Financial services, excluding insurance All financial intermediation services and other services provided by residents to non-residents and by non-residents to residents, which include: a) fees and charges relating to financial transactions, i.e. to: – receipt of deposits, – documentary credits, guarantees, etc., – financial leasing, – factoring, – transactions of purchase of debts and claims in respect of foreign trade transactions of residents, – credit transactions, – payment of damages between resident and non-resident insurance companies, – clearing payments, – foreign exchange transactions; b) services: – financial counselling, – financial assets management, – relating to payment card operations, – assessment of credit rating; c) other services.	400	400
Fees on transactions with securities Fees and charges relating to: – transactions with securities, – transactions with financial derivatives, – broker services, etc. Excludes: – payment of interest on investment in bonds and bills of exchange (included in 430 – Payment of interest on investment in debt securities) and on investment in money market instruments (included in 431 – Payment of interest on investment in money market instruments).	403	403
Computer and IT services
Computer and IT services Services relating to hardware, software, databases and services relating to media, subscriptions, etc. performed between residents and non-residents: Includes: – activities relating to databases, – production of computer programmes, – computer consultancy services, – repairs of computer equipment, – fees for services of newspaper companies, – fees paid to freelance journalists or photographs, – purchase and sale of exclusive information, – other information services. Excludes: – computer training costs (included in 409 – Audio-visual services); – fees for copyright and computer programme licenses (included in 301 – Industrial property rights (patents, licenses and trademarks).	302	302
Industrial property rights
Industrial property rights (patents, licenses and trademarks) Fees and other charges for the use of: – licenses and patents, – copyrights, – registered trademarks (words, symbols, design or their combination), – right to industrial processes and design (trademark, etc.), – licensed computer programmes, –product registration licenses, – other rights. Excludes: – purchase and sale of patents and licenses (included in 770 – Purchase and sale of patents, licenses and other intangible property)	301	301
Franchise	410	410
Other business services
Intermediation and other trade-related services
Agent and broker fees Fees for services performed by residents and non-residents in trade in goods and services: – fees payable to agents, brokers and intermediaries, – merchant fees, – mercantile broker fees, – dealer and commission agent fees, – expert appraisal services related to trade, etc. Excludes: – fee for use of patents and licenses (included in 301 – Industrial property rights (patents, licenses and trademarks) – broker services (included in 403 – Fees on transactions with securities); – insurance brokerage (included in 259 – Insurance – premium).	310	310
Operational leasing
Lease of equipment Includes all types of (operational) lease of equipment (machines, computers and other equipment). Excludes: – financial leasing (included in 575/175 – Financial leasing); – lease of telecommunications capacities (satellites, etc.) (included in 245 – Telecommunications services).	489	489
Lease of means of transport without crew – ships, – airplanes, – motor vehicles, including rent-a-car services, – railway container cars, platforms, etc., – other vehicles. Excludes: – sale of motor vehicles through leasing (included in 575/175 – Financial leasing).	490	490
Other business, professional and technical services
Research and development – fundamental and applied research, – laboratory and other services, – projects and documents, – participation fees for technical and scientific conventions, – refund of costs of organizing professional seminars, etc.	303	303
Legal, accounting and consulting services – legal counselling and representation (legal counsel services), – company, market, human resources and production management, – court expert services, – accounting consultancy, – audit, – tax consulting, – services of translation and publication of professional and scientific articles (royalties) etc.	304	304
Business consulting – consulting services related to business project management, – entrepreneurial and business consulting, – participation fees for business conventions, – refund of cost of organizing business conventions, etc.	305	305
Advertising and market research – advertising agency services, – media advertising, – public opinion poll, – costs of organizing fair exhibitions, – presentation of products abroad, – market research, etc.	300	300
Architectural, engineering and other technical services – architectural and construction design services, – supervision of design implementation, – geodetic services, – services of technical control of products, – purchase of tender and bidding documentation, etc.	316	316
Agriculture, mining and in-field processing services – agricultural services (harvest, crop processing, breeding and vaccination of animals and services related to hunting, fishing and forestry), – mining services (production of oil and gas, mine engineering and geologic measurements), – waste processing services, – decontamination and recovery services, etc.	306	306
Warehousing Excludes: – warehousing on railway stations, airports and ports (included in Transport – other).	319	319
Control of quality and quantity of goods – technical testing of goods, – analyses and issuance of certificates, etc.	280	280
Other services – storing and search services, – photographic services, – cleaning services, – packing of goods, – utility services, – processing of tender documentation, – other services.	307	307
Further processing and repairs
Further processing of goods – collections and payment of fees for services of further processing of goods (e.g. oil refining, additional processing in textile and metal industry and other industries). Excludes: – value of goods for further processing (included in 112 – Goods).	315	315
Repairs of goods Collections or payments in respect of services of repair and servicing of goods. Excludes: – repairs performed by construction and installation companies (included in 317 – Construction works abroad); – repairs of computer equipment (included in 302 – Computer and IT services); – maintenance of devices and equipment at airports and in ports (included in 248 – Air transport – other and 208 – Maritime transport - other); – value of goods being repaired and installed (included in 112 – Goods).	314	314
Audio-visual services – fee for the provision of services relating to production of films, radio and television programmes and musical production, – rights of distribution of audio-visual products (film and television programmes), – television rights of broadcasting sport, concert and similar events, – payment of computer training costs, etc.	409	409
Cultural services – museum, library, theatre and orchestral services, – fees for membership in cultural organizations, – composers’ copyrights relating to music production, – organizing fashion shows, – copyright of performance of theatre plays and concerts, – services provided by cultural centres of embassies, – other cultural services.	765	765
Sport and recreation – participation fees for international sporting events, – membership fees for international sports organizations, – international transfers of professional sportspeople, – other.	760	760
Fees Fees of: – doctors and other medical personnel, – teachers and lecturers, – sportspersons, – actors and producers, – artists, musicians and journalists, – other.	810	780
Government services
Revenue and expenditure of national embassies, consular offices and military representative offices, and their staff and staff family members in foreign countries, including: – office supplies, – furniture, – utilities, – office vehicles and their maintenance, – official representation, – recovery of unspent funds that had been transferred to the accounts of diplomatic-consular offices of the Republic of Serbia abroad. Excludes: – employee wages and compensations (included in 600 – Wages and other compensations).	721	721
CURRENT ACCOUNTS – INCOME
Income from employment
Wages and other compensations: – to permanently or temporarily employed residents and non-residents in embassies, state institutions and other representative offices abroad, – to permanent or temporary employees in foreign diplomatic and other representative offices and international organizations in the Republic, - residents and non-residents permanently or temporarily employed by non-residents abroad and by residents in the Republic, – to border and seasonal workers.	600	600
Income from capital
Dividends – paid out profit in respect of share in capital, – paid out profit in respect of performing economic activities abroad – transfer of profit.	578	160
Profit from construction works abroad	420	-
Lease of land, real estate and business facilities – payments in respect of lease of land, real estate and business facilities between residents and non-residents, – collection of rent, etc. by a resident on account of capital invested in real estate abroad, – payment of rent, etc. to a non-resident on account of capital invested in real estate in the country. Includes: – payments in respect of right to use forests, hunting grounds, waters, mines, etc. when the non-resident/resident does not establish a legal entity for performing these activities in the country/abroad.	320	320
Interest on debt securities
Payment of interest on investment in debt securities	430	430
Payment of interest on investment in money market instruments	431	431
Interest
Interest on long-term credits Includes: – interest on syndicated loans, – interest on subordinated loans.	510	110
Interest on short-term credits Includes: – interest on short-term bank credit lines.	511	111
Interest on bank short-term time deposits	-	418
Interest on demand deposits and time deposits	512	512
Interest in respect of financial leasing	513	113
Other costs of foreign lending or credits taken from abroad	528	128
Payment of default interest	529	129
CURRENT ACCOUNTS – CURRENT TRANSFERS
Aid and grants – public sector – aid and grants to the public sector or public sector aid (subject to approval of competent authority).	802	801
Aid and grants – other sectors – payments between residents and non-residents in the form of cash grants, aid, inheritance, alimony, etc., – sponsorship of sporting and cultural events, etc., – regular collection of membership fees of religious, humanitarian, scientific and cultural organizations, – collection of money earned from games of chance.	767	767
Current public transfers – regular transfers of state institutions to international organizations, and vice versa, – membership fees and other transfers to international organizations, – compensation for foreign technical assistance, – transfers in respect of international police cooperation.	803	803
Taxes and contributions – state Collections and payments in respect of taxes, fees, court deposits, bails, penalties, taxes and awards, collections and payments in respect of court decisions and rulings, and collections and payments arising from deals between residents and non-residents, etc. Includes: – return of excess amounts paid in above respects.	892	892
Taxes and contributions – other sectors Collections and payments in respect of taxes, fees, court deposits, bails, penalties, taxes and awards, collections and payments in respect of court decisions and rulings, and collections and payments arising from deals between residents and non-residents, etc. Includes: – return of excess amounts paid in above respects.	893	893
Foreign exchange remittances from abroad to the benefit of resident natural persons – paid out in dinars	780	-
Foreign exchange remittances by natural persons – foreign exchange remittances by natural persons from abroad to the credit of foreign exchange accounts of resident natural persons in the Republic, – foreign payments from foreign exchange accounts of resident natural persons, – payments (moderate remittances) made by non-resident (resident) natural persons residing in the Republic or abroad for over one year to residents (non-residents), most frequently as payments among family members, etc.	781	894
Workers’ foreign exchange remittances – workers’ foreign exchange remittances from abroad to the benefit of legal entities – organizations for social insurance in respect of pension insurance of workers and health insurance of their families, – payments to the credit of foreign exchange accounts of the above workers.	782	-
Annuities, pensions, disability benefit and other social benefits – state – payment of contributions for social insurance by non-residents to the benefit of social funds in the Republic and payout from such funds for pensions and social benefits to non-residents by social funds in the Republic.	800	800
Annuities, pensions, disability benefits and other social income – other sectors – payment of social insurance contributions to the benefit of foreign funds or countries and payout of pensions and other social benefits from such funds.	806	806
Transfers in respect of insurance – collections in which both the foreign insurance company policyholder and the beneficiary are residents, – payments in which both the domestic insurance company policyholder and the beneficiary are non-residents. Includes: – transactions in respect of reciprocal refund of damages between a resident and a non-resident insurance company; – claims in respect of insurance policy. Excludes: – fees relating to transactions on interim accounts for payout of damages between a resident and a non-resident insurance company (included in 400 – Financial services, except insurance).	260	260
Transfers in respect of insurance – collections in which the foreign insurance company policyholder is a non-resident and beneficiary is a resident, – payments in which the domestic insurance company policyholder is a resident and beneficiary is a non-resident. Includes: – transactions in respect of reciprocal refund of damages between a resident and a non-resident insurance company; – claims in respect of insurance policy. Excludes: – fees relating to transactions on interim accounts for payout of damages between a resident and a non-resident insurance company (included in 400 – Financial services, except insurance)	261	261
CAPITAL AND FINANCIAL ACCOUNT
Capital transfers
Capital transfers – public sector Public sector transfers to non-residents and non-resident transfers to the public sector (money transfers that increase fixed capital in the country: e.g. cash subsidies for investment projects and inter-governmental damage indemnity paid at government level, concessions for natural resources, forests, springs, etc.). Excludes: – concessions for infrastructure etc. (included in 557/157 – Direct investments –investment by non-residents in the Republic).	901	901
Transfers of other sectors
Migrant transfers – transfers of funds relating to migration of individuals from one economy to another.	768	768
Change of status – transfers between accounts of residents and non-residents due to change in status.	640	640
Capital account – sale and purchase of non-manufacturing and non-financial assets
Purchase and sale of patents, licences and other intangible property (includes payment of compensation for concessions)	770	770
Sale of real estate to foreign diplomatic representative offices and/or purchase of real estate from such representative offices	771	771
Financial account
Direct investments
Direct investments – investment by non-residents in the Republic Transactions resulting from purchase and sale of shares or ownership stake in the share capital of resident legal entity and other transactions aiming to increase non-resident’s stake in an established resident legal entity – payment of founding stake (founding of legal entity, branch, etc.), – capital increase, – payment for losses, – concessions for infrastructure, etc.	557	157
Sale of ownership stake in another domestic company – collection of payment by a resident legal entity from a non[1]resident for the sold ownership stake in another resident legal entity, – payment to the benefit of a non-resident for sold ownership stake in another resident legal entity.	666	666
Direct investments – investment by residents abroad – share of domestic capital in a foreign bank and legal entity, all investments in shares of foreign legal entities and banks and reduction of share in capital.	579	179
Sale and purchase of real estate in the Republic	538	138
Sale and purchase of real estate abroad	539	139
Payment of foreign capital by the founder that does not increase the share capital	560	560
Transactions between parent legal entity and its branch Excludes: – founding of companies (included in 557/157 – Direct investments – investment by non-residents in the Republic or in 579/179 – Direct investments – investment by residents abroad).	635	635
Investment in equity securities
Portfolio investments by residents – payments for the purpose of purchasing equity securities that are not direct investments, and which have been issued by non-residents. Excludes: – equity securities that are direct investments (included in 579/179 – Direct investments – investment by residents abroad).	519	519
Portfolio investments by non-residents – payments for the purpose of purchasing equity securities that are not direct investments, and which have been issued by residents. Includes: – sale of foreign currency denominated domestic securities issued by residents abroad. Excludes: – equity securities that are direct investments (included in 557/157 – Direct investments – investment by non-residents in the Republic).	518	518
Investment in debt securities including long-term and short-term debt securities
– sale and purchase of long-term debt securities issued by non-residents, Also includes: – long-term debt securities issued by OECD members countries and international financial institutions – other long-term debt securities;	540	540
– sale and purchase of long-term debt securities issued by residents;	541	541
– collection in respect of sale of foreign currency denominated domestic securities issued abroad;	902	-
– payment in respect of purchase of foreign currency denominated domestic securities issued abroad and purchased by residents;	-	902
– sale and purchase of short-term debt securities issued by non-residents;	542	542
– sale and purchase of short-term debt securities issued by residents.	543	543
Financial derivatives
Received payment from a non-resident for net settlement in respect of an option issued by non-residents, but not for the actual purchase/sale of the underlying instrument, and inflow from the sale of option during the option validity term and/or payment of premium to non-resident for the purchase of the option issued by non-residents. Also including: inflow and outflow under warranties.	547	547
Received payment of premium from a non-resident in respect of sale of an option issued by domestic issuers or payment to non[1]resident for net settlement in respect of the sold option of the domestic issuer, but not in respect of the actual sale of the underlying instrument Also including: inflow and outflow under warranties.	548	548
Inflow or outflow in respect of net settlement of forward instruments issued by non-residents (forward, future, swap, etc.) Also including: – currency forward and interest rate forward; – foreign exchange swap and interest rate swap; – cross currency interest rate swap; – futures – outflow under initial margin and variation margin payments, and/or inflow from withdrawal of funds above the initial margin.	742	742
Inflow or outflow in respect of net settlement of forward instruments issued by residents (forward, futures, swap, etc.) Also including: – futures – inflow and outflow under initial margin and variation margin payments.	743	743
Financial account – other investments – credits and financial leasing (principal)
Long-term credits from abroad – disbursement of long-term foreign credits (with repayment period over one year) and repayment of principal. Includes: – disbursement of long-term financial credits and repayment of principal on such credits; – repayment of principal on long-term commercial and commodity credits.	521	121
Short-term credits from abroad – disbursement of short-term foreign credits (with repayment period of up to one year) and repayment of principal in that respect. Includes: – disbursement of short-term financial credits and repayment of principal on such credits; – repayment of principal on short-term commercial and commodity credits; – repayment of principal on short-term bank credit lines with a foreign bank used by an authorized bank.	522	123
Bank short-term time deposits – disbursement of short-term time deposits of banks with repayment period of up to 12 months paid in foreign exchange by foreign banks to the account of authorized banks, and repayment of principal in that respect.	618	118
Long-term lending – disbursement of long-term credits extended to non-residents (with repayment period over one year), and collection of principal in that respect. Includes: – disbursement of long-term financial credits and collection of principal on such credits; – collection of principal on long-term commercial and commodity credits.	517	166
Subordinated credits from abroad	520	120
Subordinated lending	619	119
Short-term lending – disbursement of short-term credits to non-residents (with repayment period of up to one year) and collection of principal in that respect. Includes: – disbursement of short-term financial credits and collection of principal in respect of such credits; – collection of principal in respect of short-term commercial and commodity credits; – collection of principal in respect of short-term bank credit lines disbursed by a foreign bank with an authorized bank.	523	169
Syndicated credits taken abroad by a resident via agent bank in the Republic – payment of share of non-resident banks for participation in the syndicated credit approved to a resident, and rebate of such funds.	526	126
Syndicated credits taken abroad by a resident via agent bank abroad – payment of share of resident banks for participation in the syndicated credit approved to a resident for payment of imports of goods and services from abroad, and rebate of such funds.	535	135
Syndicated credits approved to non-residents via agent bank in the Republic – payment of share of non-resident banks for participation in the syndicated credit approved to a non-resident, and rebate of such funds.	537	137
Syndicated credits approved to non-residents via agent bankabroad – payment of share of resident banks for participation in the syndicated credit approved to a non-resident, and rebate of such funds.	536	136
Guarantees in respect of credit arranged between two non-residents abroad – collection and payment in respect of activated guarantee of an authorized bank issued in respect of a credit between two residents abroad.	534	134
Warranty in respect of credit arranged between two non-residents abroad – collection and payment in respect of activated warranty of a resident legal entity issued in respect of a credit arranged between two non-residents abroad.	544	144
Financial leasing – provision or repayments in respect of financial leasing (lease equal to product economic lifetime, with possibility to purchase goods after end of lease). Excludes: – payment for use of equipment, vehicles and other means of transport in respect of operational leasing (included in 490 – Lease of means of transport without crew).	575	175
Financial account – deposits
Foreign cash and cheques – non-residents – depositing of foreign cash, dinars and cheques to current accounts and non-resident deposits, – foreign cash and dinars withdrawn and cheques issued from current accounts and non-resident deposits.	898	898
Time deposits of non-residents – increase and/or reduction in time deposits of non-residents (foreign banks and other non-residents).	504	104
Deposits of foreign banks – increase and/or reduction in deposits on accounts of foreign banks and other financial organizations denominated in foreign currency and in dinars (accounts 5007 and 4007).	501	101
Deposits of other foreign entities, including natural persons – increase and/or reduction in deposits on accounts of foreign entities in foreign currency and dinars (accounts 5007 and 4007).	502	102
Short-term deposits of domestic banks – reduction and/or increase in short-term deposits with foreign banks.	505	105
Payments from dinar accounts of non-residents in the country – payments in the country that are not deemed to constitute a foreign trade transaction, etc. from accounts of non-residents (account 4007).	704	-
Received cover for cheques – received cover for cheques and/or cheques submitted for redemption abroad and use of cover for cheques drawn on foreign banks.	515	115
Received cover for withdrawn foreign cash – received cover for foreign cash withdrawals from savings passbooks of non-residents with domestic banks and/or foreign cash withdrawals from savings passbooks of foreign banks.	508	108
Reduction and/or increase of domestic capital in international financial organizations (deposits in international financial organizations) Excludes: – membership fees in international financial organizations (included in 803 –Current public transfers).	580	180
Purchase and sale of foreign exchange and dinars between a bank and a non-resident bank	888	888
II. TRANSACTIONS BETWEEN RESIDENTS AND NEUTRAL TRANSACTIONS
Agreed sale and purchase of claims and liabilities arising from foreign trade and credit transactions of residents	845	145
Withdrawal and depositing of foreign cash of resident natural persons from the cash vault in respect of personal transfer of means of payment from/to abroad via a bank, and payout of means of payment from abroad, including so-called quick money transfer	805	805
Purchase and sale of foreign cash from resident natural persons	796	700
Purchase and sale of cheques from resident natural persons	795	795
Depositing of foreign cash and travellers cheques to accounts and savings deposits of residents in foreign currency and withdrawal of such foreign cash and travellers cheques	797	897
Purchase of foreign exchange assets from accounts of non-residents and sale of foreign exchange assets to non-residents	703	703
Transfers from foreign exchange and dinar accounts of non-residents from the account of one bank to foreign exchange and dinar accounts of non-residents in another bank	503	103
Transfer from accounts abroad to accounts in the Republic, and crediting of foreign exchange accounts abroad	530	130
Payments for settlement of balance on correspondent current account: settlement of balance on long-term production cooperation accounts	533	133
Transfer of cover for confirmed documentary credits and guarantees and return of unused cover for confirmed documentary credits and guarantees	411	411
Sale and purchase of foreign cash abroad: transfer of foreign cash to account abroad (to the debit of Account 050 and to the credit of Account 051), crediting of Account 051 with foreign cash purchased abroad (to the debit of Account 051 and to the credit of Account 050)	552	152
Unperformed payments in respect of foreign collections when conditions for making payments are not met (Account 509) and rebate of such funds abroad	909	109
Transfer of foreign exchange through account abroad between the National Bank of Serbia and authorized banks (NOTE: when crediting Account 050 for the National Bank of Serbia, the bank shall use code 155 and the National Bank of Serbia code 555; when crediting Account 050 of a bank, the bank shall use code 555 and the National Bank of Serbia code 155)	555	155
Transfer from Account 050 to another Account 050 within a single bank (if code 561 is used, there must also be outflow with code 161 and identical data; if code 161 is used, there must also be inflow with code 561 and identical data)	561	161
Transfer from Account 051 to another Account 051 within a single bank (if code 583 is used, there must also be outflow with code 183 and identical data; if code 183 is used, there must also be inflow with code 583 and identical data – transfer of cash between cash vaults)	583	183
Transfer from Account 050 of one bank to Account 050 of another bank: the bank receiving the funds uses code 562 and the bank transferring the funds uses code 162 (NOTE: if one of the banks is the National Bank of Serbia, codes 155 or 555 must be used instead of these codes)	562	162
Transfer in the country in respect of foreign cash transfers: transfer of foreign cash between banks via collective centres (use of code allowed only on Account 051) (NOTE: the bank transferring the funds uses code 163 and the bank receiving the funds uses code 563)	563	163
Purchase of foreign cash and cheques from licensed exchange dealers and sale of foreign cash and cheques to licensed exchange dealers	572	573
Depositing and withdrawal of foreign cash performed by a licensed exchange dealer	576	176
Transfer between foreign exchange accounts in the Republic (NOTE: reference code 165 is used for debiting the account form which transfer is effected and reference code 565 is used for crediting the account to which transfer is effected)	565	165
Payment in respect of foreign currency savings (so-called frozen foreign currency savings deposits) – bonds and foreign cash	-	900
Purchase and sale of foreign exchange: sale of one and purchase of another currency	577	177
Return of stolen foreign cash and/or robbery and theft of foreign cash	198	198
Transfer of funds from the beneficiary’s bank to the paying bank	569	-
Exchange of foreign currencies for the euro	568	168
Conversion	567	167
Collections, payments, in-payments and out-payments that can be performed in the Republic in foreign cash	808	808
Purchase and sale of foreign cash between the National Bank of Serbia and authorized banks in respect of temporary payment transactions with Kosovo and Metohija, and humanitarian aid and grants	899	899
Foreign payments to the National Bank of Serbia in respect of obligations of FR Yugoslavia and state union of Serbia and Montenegro for which the National Bank of Serbia acts as agent	912	-
Purchase and sale of foreign cash performed by the National Bank of Serbia in respect of authorized banks in the Interbank Foreign Exchange Market	910	910
Disbursement and repayment of syndicated credits taken by a resident abroad via agent bank in the Republic	913	913
Account mismatch (open items) and incorrect entries	599	199
Interbank clearing (net settlement) of international payments effected by the National Bank of Serbia	914	914

PAYMENT INSTRUMENTS CODE LIST

Code	Title
1	remittances, letters of credit and cheques
2*	cancelled remittances, letters of credit and cheques
3	use of documentary credit
4*	cancelled documentary credit
5	foreign cash
6*	cancelled foreign cash

* Used in refunds.

SPECIAL RESIDENT CODES (IDENTIFICATION NUMBERS)

Identification number	Description
07000006	natural person – Serbia excluding autonomous provinces
08000000	natural person – AP Vojvodina
09000003	natural person – AP Kosovo and Metohija

Appendix XI - Purpose of Payment Codes (AED)

View appendix in PDF

S.No	Code	Description	Explanatory Notes
1	ACM	Agency Commission
2	AES	Advance payment against EOS
3	AFA	Receipts or payments from personal residents bank account or deposits abroad	Deposits are standardized, non-negotiable contracts generally offered by deposit-taking institutions, allowing the placement and the later withdrawal of a variable amount of money by the creditor. Deposits usually involve a guarantee by the debtor to return the principal amount to the investor. All inward or outward flows by residents from accounts held in their name with banks abroad.
4	AFL	Receipts or payments from personal nonresident bank account in the UAE	Accounts current, savings or other, transactions in AED or foreign currency to accounts of foreign financial institutions abroad by resident financial institutions, individuals or companies.
5	ALB	Beneficiaries Allowance
6	ALM	Alimony
7	ALW	Allowances
8	ATS	Air transport	Covers all transportation services provided by air. Receipts and payments of airline companies related to transport of people, cargo and other auxiliary services related to air transport.
9	BMB	Beneficiary Marriage Benefit
10	BON	Bonus
11	CBP	Cross border payments
12	CCP	Corporate Card Payment
13	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	Establishment of branch or company abroad from a direct investor resident or disinvestment. Share relationship above 10%. Acquisition of an existing entity with percentage 10% of its capital or above abroad from a resident direct investor or liquidation of a previous investment. Purchase or sale of additional shares on a direct investment enterprise nonresident or liquidation of a previous investment. Reverse participation of a nonresident direct investment enterprise (participation above 10% from a resident company) to the share capital of the resident direct investor with percentage below 10% or its liquidation. In case the percentage is above 10% in reverse investment then this should be treated as direct investor to the direct investment enterprise. Direct investment enterprise is any enterprise which is resident or nonresident, in whose capital a nonresident or resident investor has a holding of 10% of more (direct ownership of the share capital or shares with voting rights).
14	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	Establishment of branch or other legal entity in the UAE from direct investor nonresident or disinvestment. Share relationship above 10%. Acquisition of an existing entity with percentage 10% of its capital or above in the UAE from a nonresident direct investor or liquidation of a previous investment. Purchase or sale of additional shares on a direct investment enterprise resident in the UAE or liquidation of a previous investment. Reverse participation of a resident direct investment enterprise (participation above 10% from a nonresident company) to the share capital of the nonresident direct investor with percentage below 10% or its liquidation. In case the percentage of reverse investment is above 10% then this should be treated as direct investor to the direct investment enterprise.
15	CHC	Charitable Contributions	Current transfers in cash or in kind between the governments of different countries or between governments and international organizations for example humanitarian aid, military assistance, contributions to international organization apart from loans.
16	CIN	Commercial Investments
17	COM	Commission
18	COP	Compensation
19	CRP	Credit Card Payment
20	DBS	Death Benefit Support
21	DCP	PrePaidReloadable & Personalized Debit Card Payments
22	DIF	Debt Instruments intragroup loans securities deposits foreign	Debt Instruments intragroup loans securities deposits foreign
23	DIL	Debt Instruments intragroup loans securities deposits in the UAE	Debt Instruments intragroup loans securities deposits in the UAE
24	DIV	Dividend Payouts
25	DLA	Purchases and sales of foreign debt securities in not related companies – More than a year	Long-term debt securities are issued with an initial maturity of more than 1 year or with no stated maturity.They generally give the holder the unconditional right to a fixed monetary income or contractually determined income (payment of interest being independent from the earnings of the debtor) and the unconditional right to a fixed sum in repayment of principal on a specified date or dates. Usually investment, purchases or sales in securities with maturity more than a year issued by nonresidents for example bonds.
26	DLF	Debt instruments intragroup loans, deposits foreign	Loans and credit that a direct investor resident gives to its direct investment enterprise abroad or their repayments. Loans and credit that a nonresident direct investment enterprise is giving to a resident direct investor or their repayments. From all the categories below loans and credit from resident financial institutions to their branches abroad are excluded as they are considered usual banking practice and are classified under Loans.
27	DLL	Purchases and sales of securities issued by residents in not related companies – More than a year	Purchases or sales of securities issued by residents and held by nonresidents with maturity more than a year either to primary or secondary market.
28	DOE	Dividends on equity not intragroup	Investment income is derived from a resident's ownership of an external financial asset (credit)when there is no direct investment relationship among them. Income derived from a nonresident's ownership of a domestic financial asset (debit) when there is no direct investment relationship among them. Receipts of dividends and profits from residents participating to the share capital of nonresidents with percentage less than 10%. Payments of residents companies to nonresidents that participate with percentage less than 10% to their capital.
29	DSA	Purchases and sales of foreign debt securities in not related companies –Less than a year	Debt securities are negotiable instruments serving as evidence of a debt. Portfolio investment is valued at market prices. Transactions in securities issued by nonresidents. They include bills, bonds, notes, negotiable certificates of deposit, commercial paper, debentures, asset-backed securities, money market instruments, and similar instruments normally traded in the financial markets. Negotiable deposit certificates, preference shares, with a guaranteed return without any voting rights. Short-term debt securities are payable on demand or issued with an initial maturity of 1 year or less. These instruments are usually traded in organized markets. Investment, purchases or sales in securities with maturity less than a year issued by nonresidents for example treasury bills, commercial papers, bankers’ acceptances. Not related companies do not belong to the same corporate group.
30	DSF	Debt instruments intragroup securities, foreign	Bonds that a direct investor resident gives to its direct investment enterprise abroad or their repayments. Bonds that a nonresident direct investment enterprise is giving to a resident direct investor or their repayments.
31	DSL	Purchases and sales of securities issued by residents in not related companies – Less than a year	Transactions as repurchase agreements and securities lending are excluded. Bonds, notes, etc. that are commercial debt securities issued by a resident direct investor which are in the possession of a nonresident valued at market prices. Purchases or sales of securities issued by residents and held by nonresidents with maturity less than a year either to primary or secondary market.
32	EDU	Educational Support
33	EMI	Equated Monthly Instalments
34	EOS	End of Service
35	FAM	Family Support(Workers' remittances)	Personal transfers between resident and nonresident households consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Workers’ remittances consist of personal transfers made by migrants’ resident and employed in new economies to nonresident households. Persons who work for and stay in new economies for less than a year are considered nonresidents and their remuneration is recorded under compensation of employees/salary. Mainly UAE nationals working abroad to residents of UAE or by residents in UAE to nonresidents.
36	FDA	Financial derivatives foreign	A financial derivative contract is a financial instrument that is linked to another specific financial instrument or indicator or commodity and through which specific financial risks can be traded in their own right in financial markets. Financial derivatives are treated separately from the values of any underlying items to which they are linked. The valuation of financial derivatives should be performed on a marked-tomarket basis. The recording of transactions in financial derivatives takes place when the creditors and debtors enter the claim or liability in their books. Transactions of residents to financial derivatives of nonresidents according to the gain or loss(margin) that occurs at the settlement of the title and not the underlying instrument.
37	FDL	Financial derivatives in the UAE	Transactions of nonresidents to financial derivatives of residents according to the gain or loss(margin) that that occurs at the settlement of the title and not the underlying instrument.
38	FIA	Investment fund shares foreign	Collective investment undertakings through which investors pool funds for investment in financial or nonfinancial assets such as mutual funds and unit trusts. Investment fund shares are issued by investment funds. Investment fund shares have a specialized role in financial intermediation as a kind of collective investment in other assets, so they are identified separately from other equity shares.
39	FIL	Investment fund shares in the UAE	Collective investment undertakings through which investors pool funds for investment in financial or nonfinancial such as mutualfunds and unit trusts.
40	FIS	Financial Services	Explicit charges in the case of many financial services that require no special calculation. They include fees for deposit-taking and lending, fees for one-off guarantees, early or late repayment fees or penalties, account charges, fees related to letters of credit, credit card services, commissions and charges related to financial leasing, factoring, underwriting, and clearing of payments. Also included are financial advisory services, custody of financial assets or bullion, financial asset management, monitoring services, liquidity provision services, risk assumption services (other than insurance), merger and acquisition services, credit rating services, stock exchange services and trust services. Dealers in financial instruments may charge, in full or part, for their services by having a spread between their buying and selling prices. Margins on buying and selling transactions are included when explicitly charged. Included are intermediary services fees, such as those associated with letters of bankers’ acceptances, lines of credit, financial leasing and foreign exchange transaction. Also included are commission and other fees related to transaction in securities-brokerage, placements of issues, underwritings, redemptions
41	FSA	Equity other than investment fund shares in not related companies abroad	Purchases or shares in equity from residents to shares of nonresidents companies with participation less than 10%. Equity securities consist of listed shares and unlisted shares. Listed shares are equity securities listed on a recognized stock exchange or any other form of secondary market. Unlisted shares are equity securities not listed on an exchange. Not related companies do not belong to the same corporate group.
42	FSL	Equity other than investment fund shares in not related companies in the UAE	Purchases or sales of equity of nonresidents to shares of residents when the participation to its capital is less than 10%. Otherwise the transaction should be recorded under direct investment.
43	GDE	Goods sold (Exportsin fob value)	Recording of goods between residents and nonresidents related to international trade such as exports regardless the settlement type. As goods there are also considered ships, airplanes, army equipment, natural resources (oil, gas, water), electricity, non-monetary gold. All receipts for exports and re-exports of goods regardless of when the goods are shipped. This refers to movable goods for which changes in ownership occur between residents and nonresidents. In case that the valuation is in cif value or nonknown then please indicate this so as to estimate the remaining.
44	GDI	Goods bought (Imports in cifvalue)	Recording of goods between residents and nonresidents related to international trade such imports regardless the settlement type. As goods there are also considered ships, airplanes, army equipment, natural resources (oil, gas, water), electricity, non-monetarygold. All payments from imports regardless of when the goods are shipped. This refers to movable goods for which changes in ownership occur between residents and nonresidents. In case that the valuation is in cifvalue or non-known then please indicate this so as to estimate the remaining.
45	GDS	Goods Bought or Sold	Goods Bought or Sold
46	GMS	Processing repair and maintenance services on goods	Manufacturing services on physical inputs owned by others covers processing, assembly, labelling, packing, etc, undertaken by enterprises that do not own the goods concerned. The manufacturing is undertaken by an entity that receives a fee from the owner. Since the ownership of the goods does not change, no general merchandise transaction is recorded between the processor and the owner. The value of fees charged for manufacturing on physical inputs owned by others is not necessarily the same as the difference between the value of goods sent for processing and the value of goods after processing. Excluded are the assembly of prefabricated construction (included in construction) and labelling and packaging incidental to transport (included in transport). Recording of the amount received as receipt or payment for the processing of goods that remain to be possessed by nonresidents and following this procedure are again exported. In the case that the products are not re-exported the transaction is recorded under imports. Recording of the amount received/payed as processing of goods abroad those are still possessed by residents and afterwards are again imported. In the case that the products are not re-exported the transaction is recorded under exports. Maintenance and repair services not included elsewhere cover maintenance and repair work by residents on goods that are owned by nonresidents (and vice versa). The repairs may be performed at the site of the repairer or elsewhere. The value of maintenance and repairs includes any parts or materials supplied by the repairer and included in the charges. Recording of value of receipts for repairs of goods conducted by residents to goods possessed by nonresidents and payments to nonresidents for repairs of goods possessed by residents in the UAE or abroad. Parts and materials charged separately should be included in general merchandise. Repairs and maintenance on ships, aircraft and other transport equipment are included in this item. Cleaning of transport equipment is excluded as it is included in transport services. Construction maintenance and repairs are excluded as they are included under construction. Maintenance and repairs of computers are excluded as they are included under telecommunication, computer and information services. In addition, maintenance works to means of transport are recorded under transport.
47	GOS	Government goods and services embassies etc	This category is covering government transactions in goods and services that it is not possible to classify under other items. Included are all transactions (in both goods and services) by enclaves such as embassies, consulates, military bases and international organizations with residents in the economies in which the enclaves are located. Excluded are transactions of the enclaves with residents of the home economies. All receipts of diplomatic consulates, embassies, and international agencies represented in UAE to meet their local expenditures. All payments of UAE diplomatic consulates, embassies, offices in international agencies to meet their local expenditures abroad. Recording of withdrawals in currency from nonresident accounts of embassies, consulates, etc. as well as deposits to accounts abroad of UAE embassies, consulates etc. Additionally, purchases or sales of real estate in the UAE from foreign governments as well as international organizations and purchases or sales of real estate abroad from UAE government.
48	GRI	Government related income taxes, tariffs, capital transfers, etc.	Receipts and payments of transfers of UAE government to and from nonresidents divided by subcategory below where applicable. Taxes on products payable per unit of some good or service produced or traded cross-border. Examples include import duties, excise duties, tariffs and other taxes on production. Current taxes on income, wealth etc. consists mainly of taxes levied on the income earned by nonresidents from the provision of their labor or financial assets. Taxes on income and capital gains from financial assets are generally payable by individuals, corporations and non-profit institutions and receivable by general government. Subsidies on products are payable per unit of a good or service produced and other subsidies on production consist of subsidies that resident producer units may receive as a consequence of engaging in production. Social contributions are the contributions made by households to social insurance schemes to make provision for social benefits to be paid for example pensions. Social benefits include benefits payable under social security and pension schemes. They include pensions and nonpension benefits from events or circumstances such as sickness, unemployment, housing and education, and may be in cash or in kind for example scholarships for studies abroad. Capital transfers consist of transfers of ownership of fixed assets, transfers of funds linked to the acquisition or disposal of fixed assets and the cancellation, without any consideration being received in return, of liabilities by creditors. Capital taxes consist of taxes levied at irregular and infrequent intervals on the values of the assets. These include inheritance taxes and taxes on gifts between persons levied on the capital of the beneficiaries. Investment grants consist of capital transfers, in cash or in kind, made to finance all or part of the costs of acquiring fixed assets. The recipients are obliged to use investment grants received in cash for purposes of gross fixed capital formation, and the grants are often tied to specific investment projects, such as large construction projects. Other capital transfers include major non recurrent payments in compensation for extensive damage or serious injuries not covered by insurance policies, large gifts, legacies and donations, including those to non-profit institutions. For example grants for the construction of schools, hospitals and roads.
49	IFS	Information services	Information services comprise news agency services, database services (database conception, data storage and the dissemination of data and databases, including directories and mailing lists), both online and through magnetic, optical or printed media and web search portals (search engine services that find internet addresses for clients who input keyword queries). Included are direct, non-bulk subscriptions to newspapers and periodicals, whether by mail, electronic transmission or other means, other online content provision services and library and archive services. Bulk newspapers and periodicals are includedunder general merchandise.
50	IGD	Dividends intragroup	Include receipts and payments by residents in the form of dividends to/from abroad. Recording of dividends and profits that resident direct investors receive from direct investment enterprises abroad to which they participate with percentage more than 10% at their share capital. Dividends or profits that direct investment enterprises pay in the UAE to direct investors nonresidents, which participate to resident direct investment enterprise share capital more than 10%. If the exact percentage is not known the intragroup would be accepted. Dividends are the distributed earnings allocated to the owners of equity shares for placing fund sat the disposal of corporations. Dividends are recorded at the moment the shares go exdividend. The profits/dividends to be distributed to shareholders/partners or the amounts payable to the parent company.
51	IGT	Inter Group Transfer
52	IID	Interest on debt intragroup	Recording of receipts for interest as investment income on external financial assets that resident direct investors receive from direct investment enterprises. Payments that resident direct investment enterprises pay to direct investors’ nonresidents for debt instruments among them (ex. bonds, loans, etc).
53	INS	Insurance services	Insurance services cover the receipt by resident insurance enterprises and the payments to nonresident insurance enterprises for provision of various types of insurance to nonresidents (i.e., life including pension and annuity services, other casualty oraccident, health, general liability, fire, marine, aviation, etc.) and reinsurance. Insurance services receipts of residents’ insurance companies to nonresidents or payments of residents to insurance companies of nonresidents regarding goods, life insurance, travel, reimbursement. Holders of life insurance policies make regular payments to an insurer in return for which the insurer guaranteesto pay the policy holder an agreed minimum sum or an annuity, at a given date or at the death of the policy holder, if this occurs earlier. Freight insurance services relate to insurance provided on goods that are in the process of being exported or imported, on a basis that is consistent with the measurement of goods f.o.b. and freight transportation. Included are term life insurance,accident and health insurance (unless these are provided as part of government social security schemes), marine, aviation and other transport insurance, fire and other property damage, pecuniary loss insurance, general liability insurance and other insurance, such as travel insurance and insurance related to loans and credit cards. Reinsurance is the process of subcontracting parts of the insurance risk, often to specialized operators, in return for a proportionate share of the premium income. Reinsurance transactions may relate to packages that mix several types of risks. Included are agents’ commissions, insurance brokering and agency services, insurance and pension consultancy services, evaluation and adjustment services, actuarial services, salvage administration services, and regulatory and monitoring services on indemnities and recovery services.
54	IOD	Income on deposits	Receipts of income from financial institutions nonresidents for the accounts of residents. Payments of income from resident financial institutions for accounts of nonresidents.
55	IOL	Income on loans	Interest of loans between enterprises which do not have a direct investment relationship, related to loans recorded in the section on loans in the financial account. Receipts or payments for loans between residents and nonresidents. Interest of interbank loans between residents and nonresidents should be included.
56	IPC	Charges for the use of intellectual property royalties	Charges for the use of intellectual property not included elsewhere include recording of receipts or payments related to: charges for the use of proprietary rights such as patents, trademarks, copyrights, know-how, industrial processes and designs including trade secrets and franchises. These rights can arise from research and development, as well as from marketing and charges for licenses to reproduce or distribute intellectual property embodied in produced originals or prototypes such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings and related rights such as for live performances and television, cable, or satellite broadcast.
57	IPO	IPO Subscriptions
58	IRP	Interest Rate Swap Payments
59	IRW	Interest Rate Unwind Payments
60	ISH	Income on investment funds shares	Investment income attributable to collective investment fund shareholders, including mutual funds and unit trusts. Investmentfunds earn income by investing the money received from shareholders. Shareholders’ income from investment funds is defined asthe investment income earned on the fund’s investment portfolio after deducting operating expenses.
61	ISL	Interest on securities more than a year	Receipts of interest from residents that hold securities of maturity more than a year issued by nonresidents. Payments of interest of residents that have issued a security with maturity more than a year to nonresidents holders of the security.
62	ISS	Interest on securities less than a year	Receipts of interest from residents that hold securities of maturity less than a year issued by nonresidents. Payments of interest of residents that have issued a security with maturity less than a year to nonresidents holders of the security.
63	ITS	Computer services	Computer services consist of hardware and/or software-related services, and data-processing services. Included are hardware and software consultancy and implementation services, maintenance and repair of computers and peripheral equipment, disaster recovery services, provision of advice and assistance on matters related to the management of computer resources, analysis, design and programming of systems ready to use (including web page development and design), technical consultancy related to software, licenses to use non-customized software, development, production, supply and documentation of customized software, including operating systems made to order for specific users, systems maintenance and other support services (training provided as part of consultancy), data-processing services web page hosting services (i.e. the provision of server space on the internet to host clients' web pages) and computer facilities management. Excluded are charges for licenses to reproduce and/or distribute software, which are included in charges for the use of intellectual property not included elsewhere. Leasing of computers without an operator is included in technical, trade-related and other business services.
64	LAS	Leave Salary
65	LDL	Debt instruments intragroup loans, deposits in the UAE	Loans and credit that a direct investor nonresident gives to its direct investment enterprise in theUAE or their repayments. Loans and credit that a resident direct investment enterprise is giving to a nonresident direct investor or their repayments. The loans and credit from nonresident financial institutions to their branches in the UAE are excluded as they are considered usual bankingpractice and are classified under Loans.
66	LDS	Debt instruments intragroup securities in the UAE	Bonds that a direct investor nonresident gives to its direct investment enterprise in the UAE or their repayments. Bonds thata resident direct investment enterprise is giving to a nonresident direct investor or their repayments.
67	LEA	Leasing abroad	Financial leases that is leasing agreement of a nonresident with a resident.
68	LEL	Leasing in the UAE	Financial leases that is leasing agreement of a resident with a nonresident.
69	LIP	Loan Interest Payments
70	LLA	Loans –Drawings or Repayments on loans extended to nonresidents –Longterm	Loans given by residents and their repayment when there is no direct investment relationship between companies with duration more than a year.
71	LLL	Loans –Drawings or Repayments on foreign loans extended to residents – Long-term	Loans taken from nonresidents and their repayment when there is no direct investment relationship between companies with duration more than a year.
72	LNC	Loan Charges
73	LND	Loan Disbursements
74	LSG	Long Service Gratuity
75	MCR	Monetary Claim Reimbursements Medical/Auto Insurance etc.
76	MWI	Mobile Wallet Cash In
77	MWO	Mobile Wallet Cash Out
78	MWP	Mobile Wallet Payments
79	OAT	Own Account Transfer
80	OTS	Other modes of transport (including Postal and courier services)	Receipts and payments among residents and nonresidents related to road, pipelines and other types of transport. Also, combination of means of transport and auxiliary services to support the transport such as storage. Space transport includes satellite launches undertaken by commercial enterprises for the owners of the satellites (such as telecommunication enterprises)and other operations performed by operators of space equipment, such as transport of goods and people for scientific experiments. Road transport covers transport by lorries, trucks, buses and coaches. Pipeline transport covers international transport of goods in pipelines, such as the transport of petroleum and related products, water and gas. The provision of electricity itself is excluded. Electricity transmission comprises services for transmission of electric energy at high voltage over an interconnected group of lines and associated equipment between points of supply and the points at which it is transformed to lowvoltage for delivery to consumers or delivery to other electric systems. Included are charges for the transmission of electricity when this is separate from the production and distribution process. Also excluded are distribution services of electricity. Other supporting and auxiliary transport services cover all other transportation services that cannot be allocated to any of the components oftransportation services described above. Postal and courier services cover the pick-up, transport, and delivery of letters, newspapers, periodicals, brochures, other printed matter, parcels, and packages, including post office counter and mailbox rental services.
81	OVT	Overtime
82	PEB	Pension for Beneficiary
83	PEN	Pension
84	PIN	Personal Investments
85	PIP	Profits on Islamic products	According to Islamic banking definitions, for example sukuks.
86	PMS	Professional and management consulting services	Professional and management consulting services include: legal services, accounting, management consulting, managerial services and public relations services, advertising, market research, and public opinion polling services. Recording of receipt sand payments related to lawyers, management consulting, audit, tax, public relations, advertisement, market research, media, etc. Legal services cover legal advisory and representation services in any legal, judicial and statutory procedures, drafting services of legal documentation and instruments, certification consultancy and escrow and settlement services. Accounting, auditing, bookkeeping and tax consultancy services covers the recording of commercial transactions for businesses and others, examination services of accounting records, financial statements, business tax planning, consulting and preparation of tax documents. Business and management consulting and public relations services covers advisory, guidance and operational assistance services provided to businesses for business policy and strategy and the overall planning, structuring and control of an organization. Included are management fees, management auditing, market management, human resources, production management, project management consulting, advisory, guidance and operational services related to improving the image of the clients and their relations with the general public and other institutions. Advertising, market research and public opinion polling covers the design, creation and marketing of advertisements by advertising agencies, media placement, including the purchase and sale of advertising space, exhibition services provided by trade fairs, the promotion of products abroad, market research, telemarketing and public opinion polling on various issues.
87	POD	Placement of Deposits	Placement of Deposits
88	POR	Refunds or Reversals on IPO subscriptions
89	POS	POS Merchant Settlement
90	PPA	Purchase of real estate abroad from residents	The fair value of real estate purchased by residents abroad or its liquidation.
91	PPL	Purchase of real estate in the UAE from non-residents	The fair value of real estate purchased by nonresidents in the UAE or its liquidation.
92	PRP	Profit Rate Swap Payments
93	PRR	Profits or rents on real estate	Rent covers income receivable for putting natural resources at the disposal of a nonresident institutional unit. Examples of rent include amounts payable for the use of land extracting mineral deposits and other subsoil assets and for fishing, forestry, and grazing rights. The regular payments made by the lessees of natural resources are classified as rents. Rents on real estate thatresidents receive from nonresidents and payments that residents pay to nonresidents.
94	PRS	Personal, cultural, audiovisual and recreational services	Other personal, cultural and recreational services are education services, health services, heritage and recreational services and other personal services. Education services comprises services supplied between residents and nonresidents relating to education, such as correspondence courses and education via television or the internet, as well as by teachers who supply services directly in host economies. Health services comprise services provided by doctors, nurses and paramedical and similar personnel, as well as laboratory and similar services, whether rendered remotely or on-site. Excluded is all expenditure by travelers on education and health (included in travel). Heritage and recreational services includes services associated with museums and other cultural, sporting, gambling and recreational activities, except those involving non-residents (included in travel). Recording of receipts or payments regarding cultural activities and personal services such as seminars, memberships to scientific organizations, doctors, subscription to museums, clubs, etc.
95	PRW	Profit Rate Unwind Payments
96	RDA	Reverse debt instruments abroad	Bonds, loans that a direct investor enterprise resident gives to its nonresident direct investor or their repayments. In case the percentage is above 10% in reverse investment then this should be treated as direct investor to the direct investment enterprise. Direct investment enterprise is any enterprise which is resident or nonresident, in whose capital a nonresident or resident investor has a holding of 10% of more (direct ownership of the share capital or shares with voting rights). From a company in the UAE in which a foreign company has previously invested at least 10% share
97	RDL	Reverse debt instruments in the UAE	Bonds, loans that a direct investor enterprise nonresident gives to its resident direct investor or their repayments. In case the percentage is above 10% in reverse investment then this should be treated as direct investor to the direct investment enterprise. Direct investment enterprise is any enterprise which is resident or nonresident, in whose capital a nonresident or resident investor has a holding of 10% of more (direct ownership of the share capital or shares with voting rights). From a company abroad in which a UAE company has previously invested at least 10% share.
98	RDS	Research and development services	Recording of receipts or payments related to research and development services that consist of services that are associated with basic research, applied research, and experimental development of new products and processes. Development of operating systems that represent technological advances in the physical sciences, social sciences and humanities. Commercial research also included related to electronics, pharmaceuticals and biotechnology. Work undertaken on a systematic basis to increase the stock of knowledge comprise provision of customized and non-customized research & development services, sale of proprietary rights arising from research & development. Excluding are the sales of proprietary rights and sales related to licenses to reproduce or use(included in Charges for the use of intellectual property).
99	REA	Reverse equity share abroad	Reverse share participation below 10% of a resident direct investment enterprise (included in code CEL) to the share capital of the nonresident direct investor or its liquidation. In case the percentage is above 10% in reverse investment then this should be treated as direct investor to the direct investment enterprise. Direct investment enterprise is any enterprise which is residentor nonresident, in whose capital a nonresident or resident investor has a holding of 10% of more (direct ownership of the share capital or shares with voting rights). From a company in the UAE in which a foreign company has previously invested at least 10% share
100	REG	Registration Penalty	Registration Penalty
101	REL	Reverse equity share in the UAE	Reverse share participation below 10% of a nonresident direct investment enterprise (included in code CEA) to the share capital of the resident direct investor or its liquidation. In case the percentage is above 10% in reverse investment then this should be treated as direct investor to the direct investment enterprise. Direct investment enterprise is any enterprise which is residentor nonresident, in whose capital a nonresident or resident investor has a holding of 10% of more (direct ownership of the share capital or shares with voting rights). From a company abroad in which a UAE company has previously invested at least 10% share.
102	RFS	Repos on foreign securities	Repurchase agreements on securities issued by nonresidents.
103	RLS	Repos on securities issued by residents	Repurchase agreements on securities issued by residents.
104	RNT	Rent Payments
105	SAA	Salary Advance
106	SAL	Salary (Compensation of employees)	Compensation of employees is recorded when the employer (the producing unit) and the employee are resident in different economies. Compensation of employees is the total remuneration (including contributions paid by employers to social security schemes or to private insurance or pension funds), in cash or in kind, payable by resident enterprises to nonresident employees in return for work done by the latter during the accounting period. It is important to establish whether an employer-employee relationship exists and if not, the payment constitutes a purchase of services. Recording of receipts of residents for wages for the provision of services abroad and payments of nonresidents for the provision of residents in the UAE.
107	SCO	Construction	Construction covers the creation, renovation, repair or extension of fixed assets in the form of buildings, land improvementsofan engineering nature and other engineering constructions (including roads, bridges, dams, etc.). It includes related installation and assembly work, site preparation and general construction, specialisedservices such as painting, plumbing and demolition and management of construction projects. The construction contracts covered in international trade in services are of a short-term nature. A largescale construction project contracted by a non-resident enterprise that takes a year or more to be completed will usually give rise to a resident branch and be recorded in the financial account. Receipt for the work performed on construction projects and installations by employees of a resident enterprise in locations outside the UAE. Payments for the work performed on construction projects and installations by employees of a nonresident enterprise in locations inside UAE. Included transactions are the cost of construction, repairs, maintenance work to buildings as well as renting and establishment of necessary equipment.
108	SLA	Loans –Drawings or Repayments on loans extended to nonresidents –Shortterm	Loans are financial assets that are created when a creditor lends funds directly to a debtor and evidenced by documents that arenot negotiable for example mortgages. All drawings or repayments on loans extended to nonresidents but excluding trade credits. Loans given by residents and their repayment when there is no direct investment relationship between companies with duration less than a year.
109	SLL	Loans -Drawings or Repayments on foreign loans extended to residents – Short-term	Drawing and repayments by residents on loans from nonresidents. Including those loans guaranteed by the government, but excluding trade credits. Loans taken from nonresidents and their repayment when there is no direct investment relationship between companies with duration less than a year.
110	STR	Travel	Travel credits cover goods and services for own use, or to give away, acquired from an economy by nonresidents during visits to that economy. Travel debits cover goods and services for own use, or to give away, acquired from other economies by residents during visits to these other economies. Travel includes local transport (i.e. transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in transport). Also excluded are goods purchased by a traveler for resale in the traveller's own economy or in any other economy. It also include payments of tuition/boarding, examination fee, etc to schools, colleges and other educational institutions, payments to hotels by residents for their abroad stay, payment to travel agents for booking of passages of foreign trips. Example of these transactions are hotels, restaurants, museums, group activities, yachting, tourism agencies, tour operators, etc. Includes leisure, health (medical reasons), education (students) and visit to family. Business travel covers the acquisition of goods and services by business travellers. Also includes the acquisition of goods and services for personal use by seasonal, border and other workers who are not resident inthe economy in which they are employed.
111	STS	Sea transport	Covers all transportation services by sea. Recording of receipt of residents for transport of nonresidents and payments of residents for their transport from ships operated by nonresidents. Tickets that connect UAE with neighbor countries or third countries with each other. Excluded are cruises, yachting, and transport with the country, which are classified under travel. Receipts from nonresidents for the transport of exporting goods and payments to non-residents for the importing of importing goods. Included also receipts or payments between residents and nonresidents for other auxiliary services to sea transport.
112	SVI	Stored Value Card Cash-In
113	SVO	Stored Value Card Cash-Out
114	SVP	Stored Value Card Payments
115	TAX	Tax Payment to Federal TAX Authority	This code is to be used for Excise duty and Value Aadded Tax (VAT) payments to Federal Tax Authority.
116	TCP	Trade credits and advances payable	Trade credit and advances are financial claims arising from the direct extension of credit by the suppliers of goods and services to their customers, and advances for work that is in progress or is yet to be undertaken, in the form of prepayment by customersfor goods and services not yet provided. Trade credit and advances arise when payment for goods or services is not made at the same time as the change in ownership of a good or provision of a service.
117	TCR	Trade credits and advances receivable	Trade credit and advances are financial claims arising from the direct extension of credit by the suppliers of goods and services to their customers, and advances for work that is in progress or is yet to be undertaken, in the form of prepayment by customersfor goods and services not yet provided. Trade credit and advances arise when payment for goods or services is not made at the same time as the change in ownership of a good or provision of a service.
118	TCS	Telecommunication services	Telecommunications services encompass the transmission of sound, images or other information by telephone, telex, telegram, radio and television cable and broadcasting, satellite, electronic mail, facsimile services etc., including business network services, teleconferencing and support services. They do not include the value of the information transported. Included are mobile telecommunication services, internet backbone services and online access services, including provision of access to the internetand roaming. Excluded are installation services for telephone network equipment as they are included in construction.
119	TKT	Tickets
120	TOF	Transfer of funds between persons Normal and juridical
121	TTS	Technical, trade-related and other business services	Included are architectural, engineering, scientific and other technical services, waste treatment and depollution, agricultural and mining services, operating leasing services, trade-related services, other business services not included elsewhere. Recording of receipts and payments regarding real estate agents, renting, architecture, quality control, agriculture, waste management, cleaning, security, translation, etc. Architectural services include transactions related to the design of buildings. Engineering services include the design, development and utilization of machines, materials, instruments, structures, processes and systems. Scientific and other technical services include surveying, cartography, product testing and certification and technical inspection services. Waste treatment and de-pollution, agricultural and mining services comprise waste treatment and de-pollution, services incidental to agriculture, forestry and fishing, services incidental to mining and oil and gas extraction. Services incidental to agriculture, forestry and fishing such as the provision of agricultural machinery with crew, harvesting, treatment of crops, pest control, animal boarding, animal care, and breeding services. Services incidental to mining and oil and gas extraction include mining services provided at oil and gas fields, including drilling, derrick building, repair and dismantling services and oil and gas well casing cementing. Services incidental to mineral prospecting and exploration, as well as mining engineering and geological surveying. Operating leasing may be called rental in case of items such as buildings or equipment. Also included are operating lease payments relating to other types of equipment without an operator, including computers and telecommunications equipment. Excluded are license payments for the right to use intangible assets, such as software (included in computer services), intellectual property (included in charges for the use of intellectual property). Excluded from operating leasing services are leasing of telecommunications lines or capacity (included in telecommunications services), rental of ships and aircraft with crew (included in transport services) and rentals incidental to travel (included in travel).Trade-related services cover commissions on goods and service transactions payable to merchants, commodity brokers, dealers, auctioneers, and commission agents. Excluded from trade-related services are franchising fees (included in charges for the use of intellectual property), brokerage on financial instruments (included in financial services), insurance brokerage (included in insurance services) and transport-related charges, such as agency commissions (included in transport).Other business services include distribution services related to water, steam, gas or other petroleum products and air-conditioning supply, where these are identified separately from transmission services, placement of personnel, security, and investigative services, translation and interpretation, photographic services, publishing, building cleaning and real estate services.
122	UFP	Unclaimed Funds Placement
123	UTL	Utility Bill Payments
124	WIB	Work Injury Benefit
125	XAT	TAX Refund	TAX Refund

Appendix XXIX - Purpose of Payment Code (KES)

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Code Value	Purpose	Brief Description
512	National Industrial Training Authority	National Industrial Training Authority
1001	Import Duty - Oil	Import Duty - Oil
1002	Import Duty	Import Duty
1101	Excise Duty - Oils	Excise Duty - Oils
1102	Excise Duty	Excise Duty
1201	VAT Oils	VAT Oils
1202	VAT Imports	VAT Imports
1206	VAT Oils - 8%	VAT Oils - 8%
1501	Alteration Fee	Alteration Fee
1518	Concession Fees	Concession Fees
1519	Registration fees	Registration fees
1527	Transhipment Fee	Transhipment Fee
1801	IDF Fees (2.0%)	IDF Fees (2.0%)
1802	IDF/ PIF OIL	IDF/ PIF OIL
1908	Customs Warehouse Rent	Customs Warehouse Rent
2101	Road Maintenance Levy (RML)	Road Maintenance Levy (RML)
2301	Petroleum Regulatory Levy (PRL)	Petroleum Regulatory Levy (PRL)
2501	Gross Payment-Petroleum Development Fund (PDF)	Gross Payment-Petroleum Development Fund (PDF)
2901	Income Tax - PAYE	Income Tax - PAYE
3001	Income Tax - Company	Income Tax - Company
3100	Income Tax - Resident Individual	Income Tax - Resident Individual
3101	Monthly Rental Income Tax	Monthly Rental Income Tax
3103	Witholding Rental Income	Witholding Rental Income
3200	Income Tax - Withholding	Income Tax - Withholding
3304	Motor Vehicle Advance Tax	Motor Vehicle Advance Tax
3509	VAT - Withholding	VAT - Withholding
3514	Value Added Tax (VAT)	Value Added Tax (VAT)
3801	Standards Levy	Standards Levy
4103	Stamp Duty	Stamp Duty
4301	State Department for Fisheries, Aquaculture and the Blue Economy	State Department for Fisheries, Aquaculture and the Blue Economy
4601	Import Health Certificate	Import Health Certificate
4702	Nuts and Oils Import Declaration Form	Nuts and Oils Import Declaration Form
6001	Kenya Railway Development Levy (RDL)	Kenya Railway Development Levy (RDL)
6002	Kenya Railway Development Levy (RDL)-Oils	Kenya Railway Development Levy (RDL)-Oils
6101	Sale of single Number Plate	Sale of single Number Plate
6102	Sale of pair of Number Plates	Sale of pair of Number Plates
6301	Transfer Fees for Motor Vehicle Registration	Transfer Fees for Motor Vehicle Registration
6401	Merchant Shipping Superitendent Levy	Merchant Shipping Superitendent Levy
6402	Merchant Shipping Superintendent (MSS) Levy - Oils	Merchant Shipping Superintendent (MSS) Levy - Oils
6501	Road Safety fund	Road Safety fund
6601	SHMV purchase tax	SHMV purchase tax
ADTX	Advance Tax	This is a tax paid in advance before a public service vehicle or a commercial vehicle goes for the annual inspection.
AIRB	Air transport	Transaction is a payment for air transport related business.
ARTX	Agency Revenue	This is a type of payment that KRA collects on behalf of various revenue collection agencies in Kenya. The two types of Agency Revenue include; Stamp Duty Betting and Pool Tax
BECH	ChildBenefit	Transaction is related to a payment made to assist parent/guardian to maintain child.
BSD	Banking Supervision Department	Banking Supervision Department
BTTX	Betting Tax	Betting Tax is chargeable on the gross gaming revenue (GGR) of a bookmaker at the rate of 15% as provided by Section 29A of the Betting, Lotteries and Gaming Act, 1966.
CCMC	Cash Collateral Margin Calls
BUSB	Bus	Transaction is a payment for bus transport related business.
CERE	Ceremonies	Ceremonies (Funeral expenses, graduation, wedding
CFR	CostAndFreight	Cost and Freight (sea and inland waterway transport) - Incoterms 2010
CGTX	Capital Gains Tax (CGT)	This is a tax chargeable on the whole of a gain which accrues to a company or an individual upon transfer of property situated in Kenya, whether or not the property was acquired before 1st January, 2015.
CHC	Charitable Contributions (Charity and Aid)	Humanitarian aid, military assistance, contributions to international organization apart from loans, in cash or in kind, between the governments of different countries or between governments and international organizations
CLOT	Clothing	Clothing expenses/Payments
COMU	Community Development	Community Development activities
CONS	Construction Activities	Construction of commercial and residential building expenses/activities
CORT	Trade Settlement Payment
COTX	CorporateTax Identification	This is a form of Income Tax that is levied on corporate bodies such as Limited companies, Trusts, and Co-operatives, on their annual income.
CSDK	Central Security Depository Payments	Central Security Depository Payments
DIVD	Dividend Payments
EDTX	Excise Duty	This is a duty of excise imposed on goods manufactured in Kenya, or imported into Kenya and specified in the 1st schedule to Excise Duty Act, 2015
EDUC	Education expenses	Transaction is related to a payment of study/tuition fees.
FARM	Farming	Farming expenses/Inputs
FOEX	ForeignExchange	Foreign Exchange
FUEL	Fuel expenses	Purchase/Sale of fuel and related products.
GOKX	Government related Payments and Transfers	Receipts and payments of transfers of Kenyan government
GOVT	GovernmentPayment	Transaction is a payment to or from a government department.
HLFD	Purchase of food and househld goods	Transaction is for purchase of Food and Household goods
HLTI	HealthInsurance	Transaction is a payment of health insurance.
HOLI	Holiday
IBLD	Interbank loan/deposit Repayments
INPC	InsurancePremiumCar	Transaction is a payment of car insurance premium.
INSU	InsurancePremium	Transaction is payment of an insurance premium.
INTE	Interest	Transaction is the payment of interest.
INTX	IncomeTax	Income tax is a tax charged for each year of income, upon all the income of a person whether resident or non-resident, which is accrued in or was derived from Kenya.
INVS	Investment And Securities	Transaction is for the payment of mutual funds, investment products and shares
ISTX	Installment Tax	Installment tax is paid by persons who have tax payable for any year that amounts to Kshs. 40,000 and above.
LICF	LicenseFee	Transaction is payment of a license fee.
LIFI	LifeInsurance	Transaction is a payment of life insurance.
LOAN	Loan	Account used for loans.
MACH	Machinery related	Purchase of machinery and transport equipment
MAFC	MedicalAidFundContribution	Transaction is contribution to medical aid fund.
MDCS	MedicalServices	Transaction is a payment for medical care services.
MERC	Manufactured goods and merchandise
PAYE	Pay As You Earn	This is a method of collecting tax at source from individuals in gainful employment. Companies and Partnerships with employees are required to deduct tax according to the prevailing tax rates from their employees' salaries or wages on each payday for a month and remit the same to KRA on or before the 9th of the following month.
PENA	Penalties	Other related penalties
PL39	Licence Fees For Comm.Banks	Licence Fees For Comm.Banks
PL40	Licence Fees Deposit Micro.Institutions	Licence Fees Deposit Micro.Institutions
PL41	Licence Fees Forex Bureaus	Licence Fees Forex Bureaus
PL42	Licence Fees Credit Reference Bureaus	Licence Fees Credit Reference Bureaus
PL43	Licence Fees Mortgage Financial Institutions	Licence Fees Mortgage Financial Institutions
PL44	Applications Fees For Commercial Banks	Applications Fees For Commercial Banks
PL45	Application Fees For Mort.Fin.Institutions	Application Fees For Mort.Fin.Institutions
PL46	Applications Fees Depo.Tak.Institutions	Applications Fees Depo.Tak.Institutions
PL47	Application Fees Forex Bureaus	Application Fees Forex Bureaus
PL48	Application Fees Credit.Ref. Bureaus	Application Fees Credit.Ref. Bureaus
PL49	Penalties Commercial Banks	Penalties Commercial Banks
PL50	Penalties Mortg.Fin .Institutions	Penalties Mortg.Fin.Institutions
PL51	Penalties Deposit Taking Micro Institutions	Penalties Deposit Taking Micro Institutions
PL52	Penalties Forex Bureaus	Penalties Forex Bureaus
PL53	Penalties Credit Reference Bureaus	Penalties Credit Reference Bureaus
PPTI	PropertyInsurance	Transaction is a payment of property insurance.
PRPY	Purchase of property
PSCO	Professional service/commission earned
REFU	Refund	Transaction is the payment of a refund.
RELG	Religious activities	Support religious activities/functions
RENT	Rent	Transaction is the payment of rent.
RITX	Rental Income Tax	This is a tax charged on rental income received from renting out property. Taxation of rental income depends on how the rented property was used for residential or commercial purposes.
RLWY	Railway	Transaction is a payment for railway transport related business.
SALA	SalaryPayment	Transaction is the payment of salaries.
SAVG	Savings	Transfer to savings/retirement account.
SCHO	School Fees
SDTX	Stamp Duty	Stamp duty is a tax charged on transfer of properties, shares and stock.
SHIP	Shipping	Undertaking in support of a sea transportation obligation.
SWLF	Sweeps/Liquidity funding
TAXR	TaxRefund	Transaction is the refund of a tax payment or obligation.
TAXS	TaxPayment	Any other tax payments
TBIL	TelecommunicationsBill	Transaction is related to a payment of telecommunications related bill.
TITH	Tithes and Offerings
TOTX	Turnover Tax	Turnover Tax(TOT) is a tax charged on gross sales of a business as per Sec. 12(c) of the Income Tax Act. First introduced vide Finance Act 2006, replaced by Presumptive Income Tax vide Finance Act 2018 then reintroduced vide Finance Act 2019.
TRAC	RemovedFromTracking	Return following direct debit being removed from tracking process.
UBIL	Utilities	Transaction is for the payment to common utility provider that provide gas, water and/or electricity.
VATX	ValueAddedTaxPayment	Value Added Tax is charged on supply of taxable goods or services made or provided in Kenya and on importation of taxable goods or services into Kenya.
VIPN	Vehicle Identification Plate Number	Account proxy for receiving insurance claims, pay insurance premium, road tax payments, traffic tickets etc.(applied for corporate or individual account proxy).
WHLD	WithHolding	This is a tax that is deductible from certain classes of income at the point of making a payment, to non-employees.

Appendix XXX - Purpose of Payment (KWD)

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Code	Name	Definition
BKIP	BankLoanAccruedInterestPayment	Accrued interest payments. Specific to bank loans.
BKPP	BankLoanPrincipalPaydown	Principal paydowns. Specific to bank loans
BKFE	BankLoanFees	Bank loan fees. Cash activity related to specific bank loan fees, including (a) agent / assignment fees; (b) amendment fees; (c) commitment fees; (d) consent fees; (e) cost of carry fees; (f) delayed compensation fees; (g) facility fees; (h) fronting fees; (i) funding fees; (j) letter of credit assignment fees
CDDP	CardDeferredPayment	A combined service which enables the card acceptor to perform an authorisation for a temporary amount and a completion for the final amount within a limited time frame. Deferred Payment is only available in the unattended environment. Examples where this service is widely used are unattended petrol pumps and phone booths
CDOC	OriginalCredit	A service which allows the card acceptor to effect a credit to a cardholder' account. Unlike a Merchant Refund, an Original Credit is not preceded by a card payment. This service is used for example for crediting winnings from gaming.
FCOL	FeeCollection	A Service that is settling card transaction related fees between two parties.
CBLK	CardBulkClearing	A Service that is settling money for a bulk of card transactions, while referring to a specific transaction file or other information like terminal ID, card acceptor ID or other transaction details.
CDCB	CardPaymentWithCashBack	Purchase of Goods and Services with additional Cash disbursement at the POI (Cashback)
MTUP	MobileTopUp	A Service that is first reserving money from a card account and then is loading a prepaid mobile phone amount by this amount.
ACCT	AccountManagement	Transaction moves funds between 2 accounts of same account holder at the same bank.
DEPT	Deposit	Transaction is related to a payment of deposit.
CASH	CashManagementTransfer	Transaction is a general cash management instruction.
PERS	PersontoPersonPayment	Transaction is a payment between two accounts where the party is a natural person (identified by a private ID, not organization ID).
COLL	CollectionPayment	Transaction is a collection of funds initiated via a credit transfer or direct debit.
INTC	IntraCompanyPayment	Transaction is an intra-company payment, ie, a payment between two companies belonging to the same group.
INTP	Intra Party Payment	Transaction is a payment between two accounts belonging to the same party (intra-party payment), where party is a natural person (identified by a private ID, not organisation ID).
MGSC	FuturesInitialMarginClientOwnedSegregatedC ashCollateral	Margin Client Owned Segregated Cash Collateral - Any cash payment related to the collateral for initial futures margin, which is owned by the client and is available for use by the client when it is returned to them from the segregated account.
EXTD	ExchangeTradedDerivatives	Cash collateral related to trading of exchanged traded derivatives in general (Opposite to Over the Counter (OTC)).
FIXI	FixedIncome	Cash collateral related to a fixed income instrument
SBSC	SecuritiesBuySellSellBuyBack	Cash collateral related to a Securities Buy Sell Sell Buy Back
SCVE	PurchaseSaleOfServices	Transaction is related to purchase and sale of services.
BEXP	BusinessExpenses	Transaction is related to a payment of business expenses.
COMC	CommercialPayment	Transaction is related to a payment of commercial credit or debit. (formerly CommercialCredit)
GDDS	PurchaseSaleOfGoods	Transaction is related to purchase and sale of goods.
GDSV	PurchaseSaleOfGoodsAndServices	Transaction is related to purchase and sale of goods and services.
SERV	ServiceCharges	Transaction is related to service charges charged by a service provider.
SUBS	Subscription	Transaction is related to a payment of information or entertainment services either in printed or electronic form.
SUPP	SupplierPayment	Transaction is related to a payment to a supplier.
TRAD	Commercial	Transaction is related to a trade services operation.
MP2B	MobileP2BPayment	A service which enables a user to use an app on its mobile to pay a merchant or other business payees by initiating a payment message. Within this context, the account information or an alias of the payee might be transported through different channels to the app, for example QR Code, NFC, Bluetooth, other Networks.
ROYA	Royalties	Transaction is the payment of royalties.
CHAR	CharityPayment	Transaction is a payment for charity reasons.
COMT	ConsumerThirdPartyConsolidatedPayment	Transaction is a payment used by a third party who can collect funds to pay on behalf of consumers, ie credit counseling or bill payment companies.
HLRP	HousingLoanRepayment	Transaction is related to a payment of housing loan.
HLST	HomeLoanSettlement	Transaction is related to the settlement of a home loan.
INPC	InsurancePremiumCar	Transaction is a payment of car insurance premium.
INTE	Interest	Transaction is payment of interest.
LIFI	LifeInsurance	Transaction is a payment of life insurance.
PPTI	PropertyInsurance	Transaction is a payment of property insurance.
INPR	InsurancePremiumRefund	Transaction is related to an insurance premium refund.
INSC	PaymentOfInsuranceClaim	Transaction is related to the payment of an insurance claim.
INSU	InsurancePremium	Transaction is payment of an insurance premium.
LOAN	Loan	Transaction is related to transfer of loan to borrower , or stuff loan.
LOAR	LoanRepayment	Transaction is related to repayment of loan to lender.
RINP	RecurringInstallmentPayment	Transaction is related to a payment of a recurring installment made at regular intervals.
PENO	PaymentBasedOnEnforcementOrder	Payment based on enforcement orders except those arising from judicial alimony decrees.
RELG	RentalLeaseGeneral	Transaction is for general rental/lease.
TRFD	TrustFund	Transaction is related to a payment of a trust fund.
FORW	ForwardForeignExchange	FX trades with a value date in the future.
ADVA	AdvancePayment	Transaction is an advance payment.
BCDM	BearerChequeDomestic	Transaction is the payment of a domestic bearer cheque.
BCFG	BearerChequeForeign	Transaction is the payment of a foreign bearer cheque.
CCRD	CreditCardPayment	Transaction is related to a payment of credit card account.
DCRD	DebitCardPayment	Transaction is related to a debit card payment.
EDUC	Education	Transaction is related to a payment of study/tuition fees.
CFEE	CancellationFee	Transaction is related to a payment of cancellation fee.
CORT	TradeSettlementPayment	Transaction is related to settlement of a trade, e.g. a foreign exchange deal or a securities transaction.
REBT	Rebate	Transaction is the payment of a rebate.
FEES	PaymentOfFees	Payment of fees/charges.
GIFT	Gift	Payment with no commercial or statutory purpose.
IHRP	InstalmentHirePurchaseAgreement	Transaction is payment for an installment/hire-purchase agreement.
INSM	Installment	Transaction is related to a payment of an installment.
IVPT	InvoicePayment	Transaction is the payment for invoices.
REFU	Refund	Transaction is the payment of a refund.
FAML	Family Support	Transaction is between family members
MSVC	MultipleServiceTypes	Transaction is related to a payment for multiple service types.
LEGE	Legal Expense	Legal Expense
LEGC	Legal case	Payment toward legal case or to execution department
GOVT	GovernmentPayment	Transaction is a payment to or from a government department.
BRKF	BrokerageFee	Fee paid to a broker for services provided.
ANNI	Annuity	Transaction settles annuity related to credit, insurance, investments, others.
CMDT	CommodityTransfer	Transaction is payment of commodities.
DERI	Derivatives	Transaction is related to a derivatives transaction
PRME	PreciousMetal	Transaction is related to a precious metal operation.
DIVD	Dividend	Transaction is payment of dividends.
FREX	ForeignExchange	Transaction is related to a foreign exchange operation.
INVS	InvestmentAndSecurities	Transaction is for the payment of mutual funds, investment products and shares
SECU	Securities	Transaction is the payment of securities.
TREA	TreasuryPayment	Transaction is related to treasury operations.
SAVG	Savings	Transfer to savings/retirement account.
IRES	Investment in Real Estate	Investment in Real Estate
MDCS	MedicalServices	Transaction is a payment for medical care services.
HLTI	HealthInsurance	Transaction is a payment of health insurance.
ALLW	Allowance	Transaction is the payment of allowances.
BONU	BonusPayment.	Transaction is related to payment of a bonus.
COMM	Commission	Transaction is payment of commission.
PENS	PensionPayment	Transaction is the payment of pension.
SSBE	SocialSecurityBenefit	Transaction is a social security benefit, ie payment made by a government to support individuals.
SALA	SalaryPayment	Transaction is the payment of salaries.
SPSP	SalaryPensionSumPayment	Salary or pension payment for more months in one amount or a delayed payment of salaries or pensions.
BENE	UnemploymentDisabilityBenefit	Transaction is related to a payment to a person who is unemployed/disabled.
EOFS	EndOfServicePayment	Transaction is related to end-of-service payments from the employer (ministries, companies, institutions, etc.) in favor of individuals.
TFLG	Trade finance- letter of guarantee	Payments related to letter of guarantee
TFLC	Trade finance- letter of credit	Payments related to letter of credit
TAXS	TaxPayment	Transaction is the payment of taxes.
INTX	IncomeTax	Transaction is related to a payment of income tax.
AIRB	Air	Transaction is a payment for air transport related business.
UBIL	Utilities	Transaction is for the payment to common utility provider that provide gas, water and/or electricity.
PHON	TelephoneBill	Transaction is related to a payment of telephone bill.
KEMB	Kuwaiti Embassies Transfers	Transfers of Kuwaiti embassies, consulates and representative offices
IEMB	International Embassies Transfers	Transfers of the international embassies, consulates and representative offices
DELG	Government Delegation Transfers	Expenses of government official missions
INMM	Money Market	liquidity intervention either injection to or withdrawal from conventional banks through MM deals
INTQ	MM Islamic	liquidity intervention either injection to or withdrwal from islamic banks through MM islamic deals
ICBD	CBK Bonds Issuance	Issuance of CBK Bonds for the Conventional Banks on the value date
RCBD	CBK Bonds Redumption	Redemption of CBK Bonds for the Conventional Banks at the maturity date
ECTQ	Related Tawarruq CBK Bonds excution	excution of Related Tawarruq CBK Bonds with Islamic Banks on the value date
SCTQ	Related Tawarruq CBK Bonds settlement	settlement of Related Tawarruq CBK Bonds for Islamic Banks at the maturity date
ITBD	Treasury Bonds Issuance	Issuance of Treasury Bonds for the Conventional Banks on the value date
RTBD	Treasury Bonds Redemption	Redemption of Treasury Bonds for the Conventional Banks at the maturity date
EPDT	Public Debt Tawarruq excution	Execution of Public Debt Tawarruq for the Islamic Banks on the value date
SPDT	Public Debt Tawarruq settlement	settlement of Public Debt Tawarruq for the Islamic Banks at the maturity date
BDKD	Bulk Deposit by Participant Bank	Bulk Deposit by Participant Bank
BWKD	Bulk Withdrawal by Participant Bank	Bulk Withdrawal by Participant Bank
FCYB	Forex currency Buy by Participant Bank	Forex currency Buy by Participant Bank
FCYS	Forex currency Sell by Participant Bank	Forex currency Sell by Participant Bank
CDCD	Normal Deposit by Participant Bank	Normal Deposit by Participant Bank
CWCD	Normal Withdrawal by Participant Bank	Normal Withdrawal by Participant Bank
CHTR	Onus Inter account Transfer	Onus Inter account Transafer
ISUK	Sukuk Issuance	Issuance of Sukuk for the Islamic Banks on value date
RSUK	Sukuk Redemption	Redemption of Sukuk for the Islamic Banks at Maturity date
ITBL	Treasury Bills Issuance	Issuance of treasury bills for Conventional Banks on the value date
RTBL	Treasury Bills Redemption	Redemption of treasury bills for the Conventional Banks at the maturity date
OTPT	Overtime Payment	Transaction is payment of Overtime
LEPT	Leave encashment	Transaction is payment of leave encashment
SADJ	Salary Adjustment	Transaction is payment of salary adjustment
DEDU	Deductions	Transaction is payment of Deductions for government entities
FORM	Form	Transaction is payment of Form
STMP	Stamp	Transaction is payment of Stamp (financial stamp or electronic stamp)
DISC	Discounts	Transaction is payment of Discounts for government entities
FISU	Financial support	Transaction is payment of Financial support
INST	Installment	Transaction is payment of Installment , or payment monthly installments to ministries.
TRCO	Training course	Transaction is payment of Training course
CONT	Contract	Transaction is payment of Contract
DUES	Dues	Transaction is payment of Dues
TEND	Tender	Transaction is payment of Tender
TECO	Terminate contract	Transaction is payment of Terminate contract
EXWO	Excellent work	Transaction is payment of Excellent work
BOAL	Book allowance	Transaction is payment of Book allowance
TICK	Travel tickets	Transaction is payment of Travel tickets
CCST	Cash custody	Transaction is payment of Cash custody
RSIG	Resignation	Transaction is payment of Resignation
SLON	Social loan	Transaction is payment of Social loan
OFMI	Official mission	Transaction is payment of Official mission
TEAM	Work teams	Transaction is payment of Work teams
IBAL	Increase balance	Transaction is increase Government Entities Balances from Ministry of Finance

Appendix XIV: Single Payment Classification Code Digits (EKNP)

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EKNP Code required in string format (without colons or spaces) in the third line of Field 70. This code should be formatted with the prefix EKNP and followed with a space.

E.g. EKNP 1122KZT333 (XXYYKZTZZZ).

• XX = KOD (2-digit Remitter Code).
• YY = KBE (2-digit Beneficiary Code). Non exhaustive list below.
• KZT = Currency Code.
• ZZZ = (3-digit KNP Payment Code). Non exhaustive list below.

KOD Code

The KOD code consist of 2 digits “XX” representing the remitter code.

KBE Codes

KBE codes consist of 2 digits “YY” representing the beneficiary code.

The remitter & beneficiary code is derived from the tables below.

The first digit indicates the type of residency:

1 - Resident
2 - Non-resident

The second digit represents:

1 - Government (central administration bodies)
2 - Regional and local administration bodies
3 - Central banks (national banks)
4 - Monetary and depositary finance corporations (banks)
5 - Non-depositary finance corporations (organizations performing some bank activities)
6 - State non-finance corporations
7 - Private non-finance corporations
8 - Not-for-profit organizations
9 - Individuals, self-employed population

KNP Code – Transaction Type

The Purpose of Payment Code (KNP) describes the nature of the payment and has been classified in accordance with instructions of the National Bank of Kazakhstan. It is always expressed as 3 digits.

Frequently used KNP codes are as follows. Please note this is not an exhaustive list. Beneficiary must liaise with their local bank for complete list of codes.

KNP Code Transaction Type Description:

010	Obligatory pension contributions
012	Obligatory social contributions
213	Purchase of foreign currency against KZT outside the stock exchange
223	Sale of foreign currency against KZT outside the stock exchange
230	Foreign currencies conversion (without involving KZT)
290	FX penalties
311	Placement of demand deposit
312	Placement of short-term deposit (up to 1 year)
314	Placement of long-term deposit (over 1 year)
321	Withdrawal of demand deposit (own funds transfer)
322	MM deal close (take-up)
411	Disbursement of short-term loan (up to 1 year)
413	Disbursement of long-term loan (over 1 year)
421	Repayment of short-term loan (up to 1 year)
423	Repayment of long-term loan (over 1 year)
563	Coupon payment on non-government securities and bills issued by non-residents of Kazakhstan
663	Coupon payment on non-government securities and bills issued by residents of Kazakhstan
710	Payment for goods (except apartment)
841	Payment for financial services
859	Payment for services
911	Payment to tax authorities

Appendix XV: Purpose of Payment Codes (ZAR)

View appendix in PDF

Transaction adjustments	Code	Sub Code	Description
	100	00	Adjustments / Reversals / Refunds applicable to merchandise
Imports: Advance payments (not in terms of import undertaking)	Code	Sub Code	Description
	101	01	Import advance payment (excluding capital goods, gold, platinum, crude oil, refined petroleum products, diamonds, steel, coal, iron ore and goods imported via the South African Post Office)
	101	02	Import advance payment – capital goods
	101	03	Import advance payment – gold
	101	04	Import advance payment – platinum
	101	05	Import advance payment – crude oil
	101	06	Import advance payment – refined petroleum products
	101	07	Import advance payment – diamonds
	101	08	Import advance payment – steel
	101	09	Import advance payment – coal
	101	10	Import advance payment – iron ore
	101	11	Import advance payment - goods imported via the South African Post Office
Imports: Advance payments (in terms of import undertaking)	Code	Sub Code	Description
	102	01	Import advance payment (excluding capital goods, gold, platinum, crude oil, refined petroleum products, diamonds, steel, coal and iron ore)
	102	02	Import advance payment – capital goods
	102	03	Import advance payment – gold
	102	04	Import advance payment – platinum
	102	05	Import advance payment - crude oil
	102	06	Import advance payment – refined petroleum products
	102	07	Import advance payment - diamonds
	102	08	Import advance payment – steel
	102	09	Import advance payment – coal
	102	10	Import advance payment – iron ore
	102	11	Import advance payment - goods imported via the South African Post Office
Imports: (excluding advance payments and not in terms of import undertaking)	Code	Sub Code	Description
	103	01	Import payment (excluding capital goods, gold, platinum, crude oil, refined petroleum products, diamonds, steel, coal, iron ore and goods imported via the South African Post Office)
	103	02	Import payment – capital goods
	103	03	Import payment – gold
	103	04	Import payment – platinum
	103	05	Import payment – crude oil
	103	06	Import payment – refined petroleum products
	103	07	Import payment – diamonds
	103	08	Import payment – steel
	103	09	Import payment – coal
	103	10	Import payment – iron ore
	103	11	Import payment - goods imported via the South African Post Office
Imports: (excluding advance payments but in terms of import undertaking)	Code	Sub Code	Description
	104	01	Import payment (excluding capital goods, gold, platinum, crude oil, refined petroleum products, diamonds, steel, coal, iron ore and goods imported via the South African Post Office)
	104	02	Import payment – capital goods
	104	03	Import payment - gold
	104	04	Import payment - platinum
	104	05	Import payment– crude oil
	104	06	Import payment– refined petroleum products
	104	07	Import payment - diamonds
	104	08	Import payment– steel
	104	09	Import payment– coal
	104	10	Import payment– iron ore
	104	11	Import payment - goods imported via the South African Post Office
Imports: Other	Code	Sub Code	Description
	105	00	Consumables acquired in port
	106	00	Repayment of trade finance for imports
	107	00	Import payments where the Customs value of the shipment is less than R500
	108	00	Import payments where goods were declared as part of passenger baggage and no MRN is available
	109	01	Payments for goods purchased from non-residents in cases where no physical import will take place, excluding gold, platinum, crude oil, refined petroleum products, diamonds, steel, coal and iron ore as well as merchanting transactions
	109	02	Payments for gold purchased from non-residents in cases where no physical import will take place, excluding merchanting transactions
	109	03	Payments for platinum purchased from non-residents in cases where no physical import will take place, excluding merchanting transactions
	109	04	Payments for crude oil purchased from non-residents in cases where no physical import will take place, excluding merchanting transactions
	109	05	Payments for refined petroleum products purchased from non-residents in cases where no physical import will take place, excluding merchanting transactions
	109	06	Payments for diamonds purchased from non-residents in cases where no physical import will take place, excluding merchanting transactions
	109	07	Payments for steel purchased from non-residents in cases where no physical import will take place, excluding merchanting transactions
	109	08	Payments for coal purchased from non-residents in cases where no physical import will take place, excluding merchanting transactions
	109	09	Payments for iron ore purchased from non-residents in cases where no physical import will take place, excluding merchanting transactions
	109	10	Not allocated
	110	00	Merchanting transactions
	111	00	Not allocated
	112	00	Not allocated
Transaction adjustments	Code	Sub Code	Description
	200	00	Adjustments / Reversals / Refunds applicable to intellectual property and service related items
Charges for the use of intellectual property	Code	Sub Code	Description
	201	00	Rights obtained for licences to reproduce and/or distribute
	202	00	Rights obtained for using patents and inventions (licensing)
	203	00	Rights obtained for using patterns and designs (including industrial processes)
	204	00	Rights obtained for using copyrights
	205	00	Rights obtained for using franchises and trademarks
Acquisition of intellectual property (excluding computer related and audio-visual)	Code	Sub Code	Description
	210	00	Acquisition of patents and inventions
	211	00	Acquisition of patterns and designs (including industrial processes)
	212	00	Acquisition of copyrights
	213	00	Acquisition of franchises and trademarks
Research and development	Code	Sub Code	Description
	220	00	Payments for research and development services
	221	00	Funding for research and development
Audio-visual and related items	Code	Sub Code	Description
	225	00	Acquisition of original manuscripts, sound recordings and films
	226	00	Payment relating to the production of motion pictures, radio and television programs and musical recordings
Computer software and related items	Code	Sub Code	Description
	230	00	The outright purchasing of ownership rights of software
	231	00	Computer-related services including maintenance, repair and consultancy
	232	00	Commercial purchases of customised software and related licences to use
	233	00	Commercial purchases of non-customised software on physical media with periodic licence to use
	234	00	Commercial purchases of non-customised software provided on physical media with right to perpetual (ongoing) use
	235	00	Commercial purchases of non-customised software downloaded or electronically acquired with periodic licence
	236	00	Commercial purchases of non-customised software downloaded or electronically acquired with single payment
Technical related services	Code	Sub Code	Description
	240	01	Fees for processing - processing done on materials (excluding gold, platinum, crude oil, refined petroleum products, diamonds, steel, coal and iron ore)
	240	02	Fees for processing - processing done on gold
	240	03	Fees for processing - processing done on platinum
	240	04	Fees for processing - processing done on crude oil
	240	05	Fees for processing - processing done on refined petroleum products
	240	06	Fees for processing - processing done on diamonds
	240	07	Fees for processing - processing done on steel
	240	08	Fees for processing - processing done on coal
	240	09	Fees for processing - processing done on iron ore
	241	00	Repairs and maintenance on machinery and equipment
	242	00	Architectural, engineering and other technical services
	243	00	Agricultural, mining, waste treatment and depollution services
Travel services for non-residents	Code	Sub Code	Description
	250	00	Travel services for non-residents - business travel
	251	00	Travel services for non-residents - holiday travel
	252	00	Not allocated
Travel services for residents	Code	Sub Code	Description
	255	00	Travel services for residents - business travel
	256	00	Travel services for residents - holiday travel
Travel services in respect of third parties	Code	Sub Code	Description
	260	00	Payment for travel services in respect of third parties - business travel
	261	00	Payment for travel services in respect of third parties - holiday travel
Telecommunication and information services	Code	Sub Code	Description
	265	00	Payment for telecommunication services
	266	00	Payment for information services including data, news related and news agency fees
Transportation services	Code	Sub Code	Description
	270	01	Payment for passenger services - road
	270	02	Payment for passenger services - rail
	270	03	Payment for passenger services - sea
	270	04	Payment for passenger services – air
	271	01	Payment for freight services – road
	271	02	Payment for freight services – rail
	271	03	Payment for freight services – sea
	271	04	Payment for freight services – air
	272	01	Payment for other transport services – road
	272	02	Payment for other transport services – rail
	272	03	Payment for other transport services – sea
	272	04	Payment for other transport services – air
	273	01	Payment for postal and courier services – road
	273	02	Payment for postal and courier services – rail
	273	03	Payment for postal and courier services – sea
	273	04	Payment for postal and courier services – air
Financial services obtained	Code	Sub Code	Description
	275	00	Commission and fees
	276	00	Financial service fees charged for advice provided
Construction services	Code	Sub Code	Description
	280	00	Payment for construction services
Governement services	Code	Sub Code	Description
	281	00	Payment for government services
	282	00	Diplomatic transfers
Study related services	Code	Sub Code	Description
	285	00	Tuition fees
Other business services obtained	Code	Sub Code	Description
	287	00	Payment for legal services
	288	00	Payment for accounting services
	289	00	Payment for management consulting services
	290	00	Payment for public relation services
	291	00	Payment for advertising and market research services
	292	00	Payment for managerial services
	293	00	Payment for medical and dental services
	294	00	Payment for educational services
	295	00	Operational leasing
	296	00	Payment for cultural and recreational services
	297	00	Payment for other business services not included elsewhere
	298	00	Not allocated
	299	00	Not allocated
Transaction adjustments	Code	Sub Code	Description
	300	00	Adjustments/Reversals/Refunds related to income and yields on financial assets
Income payments	Code	Sub Code	Description
	301	00	Dividends
	302	00	Branch profits
	303	00	Compensation paid by a resident to a resident employee temporarily abroad (excluding remittances)
	304	00	Compensation paid by a resident to a non-resident employee (excluding remittances)
	305	00	Compensation paid by a resident to a migrant worker employee (excluding remittances)
	306	00	Compensation paid by a resident to a foreign national contract worker employee (excluding remittances)
	307	00	Commission or brokerage
	308	00	Rental
	309	01	Not allocated
	309	02	Not allocated
	309	03	Not allocated
	309	04	Interest paid to a non-resident in respect of shareholders loans
	309	05	Interest paid to a non-resident in respect of third party loans
	309	06	Interest paid to a non-resident in respect of trade finance loans
	309	07	Interest paid to a non-resident in respect of a bond
	309	08	Interest paid not in respect of loans
	312	01	Fee in respect of inward listed securities derivatives individual
	312	02	Fee in respect of inward listed securities derivatives corporate
	312	03	Fee in respect of inward listed securities derivatives bank
	312	04	Fee in respect of inward listed securities derivatives institution
Transaction adjustments	Code	Sub Code	Description
	400	00	Adjustments / Reversals / Refunds related to transfers of a current nature
Current payments	Code	Sub Code	Description
	401	00	Gifts
	402	00	Annual contributions
	403	00	Contributions in respect of social security schemes
	404	00	Contributions in respect of foreign charitable, religious and cultural (excluding research and development)
	405	00	Other donations / aid to a foreign Government (excluding research and development)
	406	00	Other donations / aid to a foreign private sector (excluding research and development)
	407	00	Pensions
	408	00	Annuities (pension related)
	409	00	Inheritances
	410	00	Alimony
	411	01	Tax - Income tax
	411	02	Tax - VAT refunds
	411	03	Tax – Other
	412	00	Insurance premiums (non life/short term)
	413	00	Insurance claims (non life/short term)
	414	00	Insurance premiums (life)
	415	00	Insurance claims (life)
	416	00	Migrant worker remittances (excluding compensation)
	417	00	Foreign national contract worker remittances (excluding compensation)
	418	00	Not allocated
	419	00	Not allocated
Transaction adjustments	Code	Sub Code	Description
	500	00	Adjustments / Reversals / Refunds related to capital transfers and emigrants
Capital transfers relating to government / corporate entities (excluding loans)	Code	Sub Code	Description
	501	00	Donations by SA Government for fixed assets
	502	00	Donations by corporate entities for fixed assets
	503	00	Disinvestment of property by a non-resident corporate entity
	504	00	Investment into property by a resident corporate entity
Capital transfers by non-resident individuals	Code	Sub Code	Description
	510	01	Disinvestment of property by a non-resident individual
	510	02	Disinvestment by a non-resident individual - other
Investment not related to the investment allowance	Code	Sub Code	Description
	511	01	Investment by a resident individual not related to the investment allowance – Shares
	511	02	Investment by a resident individual not related to the investment allowance – Bonds
	511	03	Investment by a resident individual not related to the investment allowance - Money market instruments
	511	04	Investment by a resident individual not related to the investment allowance – Deposits with a foreign bank
	511	05	Investment by a resident individual not related to the investment allowance – Mutual funds / collective investment schemes
	511	06	Investment by a resident individual not related to the investment allowance – Property
	511	07	Investment by a resident individual not related to the investment allowance – Other
	511	08	Not allocated
Investment in terms of investment allowance	Code	Sub Code	Description
	512	01	Foreign investment by a resident individual in respect of the investment allowance - Shares
	512	02	Foreign investment by a resident individual in respect of the investment allowance – Bonds
	512	03	Foreign investment by a resident individual in respect of the investment allowance – Money market instruments
	512	04	Foreign investment by a resident individual in respect of the investment allowance – Deposits with a foreign bank
	512	05	Foreign investment by a resident individual in respect of the investment allowance – Mutual funds / collective investment schemes
	512	06	Foreign investment by a resident individual in respect of the investment allowance – Property
	512	07	Foreign investment by a resident individual in respect of the investment allowance – Other
	512	08	Not allocated
	513	00	Investment by a resident individual originating from a local source into an account conducted in foreign currency held at an Authorised Dealer in South Africa
Investment from a resident Foreign Currency account	Code	Sub Code	Description
	514	01	Not allocated
	514	02	Not allocated
	514	03	Not allocated
	514	04	Not allocated
	514	05	Not allocated
	514	06	Not allocated
	514	07	Not allocated
	514	08	Not allocated
Re-transfer of capital repatriated	Code	Sub Code	Description
	515	01	Not allocated
	515	02	Not allocated
	515	03	Not allocated
	515	04	Not allocated
	515	05	Not allocated
	515	06	Not allocated
	515	07	Not allocated
	515	08	Not allocated
	516	00	Not allocated
	517	00	Not allocated
Emigrants	Code	Sub Code	Description
	530	01	Emigration foreign capital allowance – fixed property
	530	02	Emigration foreign capital allowance – listed investments
	530	03	Emigration foreign capital allowance – unlisted investments
	530	04	Emigration foreign capital allowance – insurance policies
	530	05	Emigration foreign capital allowance – cash
	530	06	Emigration foreign capital allowance – debtors
	530	07	Emigration foreign capital allowance – capital distribution from trusts
	530	08	Emigration foreign capital allowance –other assets
	531	00	Not allocated
	532	00	Not allocated
Transaction adjustments	Code	Sub Code	Description
	600	00	Adjustments / Reversals / Refunds related to financial investments/disinvestments and prudential investments
Disinvestment by a non-resident	Code	Sub Code	Description
	601	01	Listed shares - sale proceeds paid to a non-resident
	601	02	Non-listed shares - sale proceeds paid to a non-resident
	602	00	Disinvestment of money market instruments by a non-resident
	603	01	Disinvestment of listed bonds by a non-resident (excluding loans)
	603	02	Disinvestment of non-listed bonds by a non-resident (excluding loans)
	604	00	Not allocated
Investment by a resident corporate entity	Code	Sub Code	Description
	605	01	Investment into shares by a resident entity - Agriculture, hunting, forestry and fishing
	605	02	Investment into shares by a resident entity - Mining, quarrying and exploration
	605	03	Investment into shares by a resident entity - Manufacturing
	605	04	Investment into shares by a resident entity - Electricity, gas and water supply
	605	05	Investment into shares by a resident entity - Construction
	605	06	Investment into shares by a resident entity - Wholesale, retail, repairs, hotel and restaurants
	605	07	Investment into shares by a resident entity - Transport and communication
	605	08	Investment into shares by a resident entity - Financial services
	605	09	Investment into shares by a resident entity - Community, social and personal services
	605	10	Not allocated
Inward listed investments	Code	Sub Code	Description
	610	01	Inward listed securities equity individual
	610	02	Inward listed securities equity corporate
	610	03	Inward listed securities equity bank
	610	04	Inward listed securities equity institution
	611	01	Inward listed securities debt individual
	611	02	Inward listed securities debt corporate
	611	03	Inward listed securities debt bank
	611	04	Inward listed securities debt institution
	612	01	Inward listed securities derivatives individual
	612	02	Inward listed securities derivatives corporate
	612	03	Inward listed securities derivatives bank
	612	04	Inward listed securities derivatives institution
	613	01	Not allocated
	613	02	Not allocated
	613	03	Not allocated
	613	04	Not allocated
Prudential investments (institutional investors and banks)	Code	Sub Code	Description
	615	01	Investment by resident institutional investor – Asset Manager
	615	02	Investment by resident institutional investor – Collective Investment Scheme
	615	03	Investment by resident institutional investor - Retirement Fund
	615	04	Investment by resident institutional investor - Life Linked
	615	05	Investment by resident institutional investor - Life Non Linked
	616	00	Bank prudential investment
	617	00	Not allocated
	618	00	Not allocated
Transaction adjustments	Code	Sub Code	Description
	700		Adjustments / Reversals / Refunds related to derivatives
Derivatives (excluding inward listed)	Code	Sub Code	Description
	701	01	Options – listed
	701	02	Options – unlisted
	702	01	Futures – listed
	702	02	Futures – unlisted
	703	01	Warrants – listed
	703	02	Warrants – unlisted
	704	01	Gold hedging – listed
	704	02	Gold hedging – unlisted
	705	01	Derivative not specified above – listed
	705	02	Derivative not specified above – unlisted
	706	00	Not allocated
	707	00	Not allocated
Transaction adjustments	Code	Sub Code	Description
	800	00	Adjustments / Reversals / Refunds related to loan and miscellaneous payments
Loans repayments by residents	Code	Sub Code	Description
	801	00	Repayment of trade finance drawn down in South Africa
	802	00	Repayment of an international Bond drawn down
	803	00	Repayment by a resident of a loan received from a non-resident shareholder
	804	00	Repayment by a resident of a loan received from a non-resident third party
	805	00	Not allocated
Loans granted to residents temporarily abroad	Code	Sub Code	Description
	810	00	Loan made by a resident to a resident temporarily abroad
Loan granted to non-residents	Code	Sub Code	Description
	815	00	Individual loans to a non-resident
	816	00	Study loan to a non-resident
	817	00	Shareholders loan to a non-resident
	818	00	Third party loan to a non-resident (excluding shareholders)
	819	00	Trade finance to a non-resident
	820	00	Not allocated
Miscellaneous payments	Code	Sub Code	Description
	830	00	Details of payments not classified
	831	00	Rand collections for the credit of vostro accounts
	832	00	Not allocated
	833	00	Credit/Debit card company settlement as well as money remitter settlements
	834	00	Not allocated
	835	00	Not allocated
	836	00	Not allocated

Appendix XVI: Purpose Code in Myanmar

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Foreign Exchange Transaction Reporting Codes Codes
1. Goods exported and imported
1100	Exports
1200	Imports
2. Transport and travel services
Freight services
2110	Sea transport
2120	Air transport
2130	Other transport
Passenger services
2210	Sea transport
2220	Air transport
2230	Other transport
Other transport services
2310	Sea transport
2320	Air transport
2330	Other transport
2340	Postal and courier services
Travel services
2510	Business travel
2520	Personal travel
3. Other services
3100	Manufacturing services
3200	Maintenance and repair services
3310	Construction abroad
3320	Construction in Myanmar
3410	Insurance premiums
3420	Insurance claims
3430	Financial services fees
3500	Charges for use of intellectual property (royalties and license fees)
3610	Telecommunication
3620	Computer services
3630	Information service
3710	Research and development services
3720	Professional and management consulting services
3725	Operating lease(rental of equipment)
3730	Technical, trade related, and other business services
3740	Audiovisual and related services
3750	Personal, cultural, and recreational services
3800	Services to government not included elsewhere
4. Income
4100	Dividends
4300	Interest
4400	Taxes
4500	Subsidies
4600	Rent
4700	Compensation of employees
5. Transfers
5200	Workers' remittances
5300	Other personal transfers
5400	Grants for infrastructure and purchase of capital goods
5500	Development assistance
5600	Other current transfers
7. Transactions in claims (assets) on nonresidents
7100	Equity
7200	Debt between affiliated enterprises
7310	Long term debt securities
7320	Short term debt securities
7400	Options, futures, warrants, swaps, etc.
7510	Loans, long term
7520	Loans, short term
7530	Trade credits and advances, long term
7540	Trade credits and advances, short term
7600	Deposits
7800	Other
8. Transactions in liabilities to nonresidents
8100	Equity
8200	Debt between affiliated enterprises
8250	Payments of local expenses of resident affiliates by their parent companies
8310	Long term debt securities
8320	Short term debt securities
8400	Options, futures, warrants, swaps, etc.
8510	Loans, long term
8520	Loans, short term
8530	Trade credits and advances, long term
8540	Trade credits and advances, short term
8600	Deposits
8800	Other
9. Transfer of funds between residents
9000	Transfer of funds between residents' accounts
9100	Transfer of funds between banks resident in Myanmar
9200	Transfer of funds of resident banks with banks abroad
9300	Deposits to and withdrawals from residents' accounts
9400	Purchase and sale of foreign currency between residents and residents banks (9400)' accounts

Appendix XVIII: Purpose Of Payment Codes (BHD)

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STANDARD CODES

TTYP	TDESC
ACM	Agency Commissions
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 BAH
ALW	Allowance
ATS	Air transport
BON	Bonus
CCP	Corporate Card Payments
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 BAH from non- residents, equity of merger or acquisition of companies in BAH from non-residents and participation to capital increase of related companies from non-residents in BAH
CHC	Charitable Contributions (Charity and Aid)
CIN	Commercial Investments
COM	Commission
COP	Compensation
CRP	Credit Card Payment
DCP	Debit Card Payments
DIV	Dividend Payouts From FI
DLA	Purchases and sales of foreign debt securities in not related companies - More than a year
DLF	Debt instruments intragroup loans, deposits foreign (above 10% share)
DLL	Purchases and sales of securities issued by residents in not related companies - More than a year
DOE	Dividends on equity not intragroup
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 Installments
EOS	End of Service / Final Settlement
FAM	Family Support (Workers' remittances)
FDA	Financial derivatives foreign
FDL	Financial derivatives in BAH
FIA	Investment fund shares foreign
FIL	Investment fund shares in BAH
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 BAH
GDE	Goods sold (Exports in fob value)
GDI	Goods bought (Imports in cif value)
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	Dividends intragroup
IGT	INTER GROUP TRANSFER
IID	Interest on debt intragroup
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 shares
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 BAH (above 10% share)
LDS	Debt instruments intragroup securities in BAH
LEA	Leasing abroad
LEL	Leasing in BAH
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 From FI
MCR	Monetary Claim Reimbursements
MWI	MOBILE WALLET CARD CASH-IN
MWO	MOBILE WALLET CARD CASH-OUT
MWP	MOBILE WALLET CARD PAYMENTS
OAT	Own account transfer
OTS	Other modes of transport (including Postal and courier services)
OVT	Overtime
PEN	Pension
PIN	Personal Investments

PIP	Profits on Islamic products
PMS	Professional and management consulting services
POR	Refunds/Reversals on IPO subscriptions
POS	POS Merchant Settlement
PPA	Purchase of real estate abroad from residents
PPL	Purchase of real estate in BAH from non-residents
PRP	PROFIT RATE SWAP PAYMENTS
PRR	Profits or rents on real estate
PRS	Personal, cultural, audiovisual and recreational services
PRW	PROFIT RATE UNWIND PAYMENTS
RDA	Reverse debt instruments abroad
RDL	Reverse debt instruments in BAH
RDS	Research and development services
REA	Reverse equity share abroad
REL	Reverse equity share in BAH
RFS	Repos on foreign securities
RLS	Repos on securities issued by residents
RNT	Rent Payments
SAA	Salary Advance
SAL	Salary (Compensation of employees)
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
UFP	Unclaimed Funds Placement
UTL	Utility Bill Payments

Appendix XIX: Local Clearing Code & BIC Code

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Beneficiary Participant	Default Bank/branch code	BIC Code
ABSA Bank	632005	ABSAZAJJ
Access Bank of South Africa	410105	BATHZAJJ
Afrika Bank	430000	AFRCZAJJ
Albaraka Bank	800000	ALBRZAJJ
Bank of China Limited	686000	BKCHZAJJ
Bank Zero Mutual Bank	888000	ZERMZAJJ
Bidvest Bank	462005	BIDBZAJJ
Capitec Business	470010	CABLZAJJ
China Construction Bank	586666	PCBCZAJJ
Citibank N.A.	350005	CITIZAJX
Discovery Bank	679000	DISCZAJJ
FinBond Mutual Bank	589000	FBMBZAJJ
FirstRand Bank	210849	FIRNZAJJ
Grindrod Bank	584000	GRIDZAJJ
HBZ Bank	570000	HBZHZAJJ
HSBC Bank plc – Johannesburg Branch	587000	HSBCZAJJ
Investec Bank	580105	IVESZAJJ
Ithala (ABSA)	750000	ABSAZAJJ
JP Morgan Chase Bank N.A., Johannesburg	432000	MGTCZAJJ
MTN Banking (Standard Bank)	490000	SBZAZAJJ
Nedbank Limited	198605	NEDSZAJJ
Nedbank Ltd inc. BoE Bank	440000	NEDSZAJJ
Nedbank Ltd inc. NBS	720000	NEDSZAJJ
Nedbank Ltd inc. Pep Bank	400000	NEDSZAJJ
Peoples Mortgage Limited	760000	NEDSZAJJ
South African Reserve Bank	900145	SARBZAJP
SASFIN Bank Ltd	683000	SASFZAJJ
Standard Bank S.A.	51001	SBZAZAJJ
Standard Chartered Bank S.A.	730000	SCBLZAJJ
State Bank of India	801000	SBINZAJJ
Unibank	790000	ABSAZAJJ
VBS Mutual Bank	588000	ABSAZAJJ
VBS Mutual Bank division, Olympus Mobile	585000	ABSAZAJJ

Appendix XX: Purpose of Payment Code (IDR)

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Foreign currency payment to Indonesia requires specific elements including a purpose code following the Lalu Lintas Devisa (LLD) regulation*. The list of elements and the structure should be the following : FXR + Beneficiary Country of Residence (2 characters) + Beneficiary Category (2 characters) + Purpose Code (“1” or “2” + 3 characters) + Beneficiary affiliation status (1 character).

Beneficiary country of residence (2 characters) : please input the ISO country code of residence of your beneficiary (Ex : ID)
Beneficiary category (2 characters) : please input one of the following elements

A0: Personal
B0: Government
C2: Overseas HSBC
C9: Other Banks
D0: Non-Bank Financial Institution
E0: Corporate
Z9: Other

Purpose code (“1” or “2” + 3 characters)
1. The “1” or “2” represents the codes to be applied to payments and receipts for a counterparty located in Indonesia. “1” should be used for receiving payment in Indonesia. “2” should be used for making payment from Indonesia. If you are making your payment from a European country to Indonesia in USD for example, you should put the number 1 in front of the purpose code.
2. The full list of 3 characters purpose code is available below in this appendix.
Beneficiary affiliation status (1 character) : please input one of the following elements

N: Non affiliated
P: Shareholder
T: Overseas subsidiary
G: Company within group

* Lalu Lintas Devisa (LLD) regulation : regulation set in place for foreign exchange traffic, which is the flow of foreign currency (not IDR) into and out of Indonesia.

PURPOSE OF TRANSACTION			CODE
A. GOODS TRANSACTION
1.	Export/Import
	1.1.	Export Goods Selling of goods outside Indonesia territory	011
	1.2.	Import goods Purchase of goods to be inside to Indonesia territory	012
	1.3.	Refund Export Refund related to export goods	802
	1.4.	Refund Import Refund related with import goods	803
	1.5.	Advance Payment Advance payment for export or import goods such as:
		a. Full payment	018
		b. Partial payment	019
2.	Bunkers & Stores Purchase / sale of goods for transport activities such as fuel, accommodation and supplies		015
3.	Trading other goods Trading goods inside Indonesia , between countries outside Indonesia, other than export-import and bunkers & stores
	3.1.	Trading goods in Indonesia territory	097
	3.2.	Selling Goods outside Indonesia, where the goods are not derived from Indonesia/ purchasing goods are from outside Indonesia and sold in outside	098
4.	Refund other goods Refund on return other goods		804

PURPOSE OF TRANSACTION			CODE
B.	SERVICE TRANSACTION
1.	Goods processing service Covers receipts / payments of goods processing service such as assembly, labeling, packaging ordered by other parties not includes maintenance service and repair		400
2.	Maintenance and repair services of goods Covers receipts / payments of maintenance service and goods repair ordered by of other parties such as : machine, boat or ship, aircraft. All maintenance and repair can be done by service providers or in other places. Not includes maintenance service or construction service and computer and or cleaning tools transportation		405
3.	Transportation services
3.1.	Passenger transportation Covers receipts / payments of passenger transportation inside or outside Indonesia territory or other territory outside Indonesia, include charge for excess luggage, food, etc during the passenger in transport, includes rent the transportation and the crew
	a.	Sea transportation	411
	b.	Air transportation	412
	c.	Others transportation Rail way and high way	413
3.2.	Freight for export and import Covers receipts / payments for service provider of freight for export-import includes charges loading or unloading, rent the transportation with the crew
	a.	Sea transportation	421
	b.	Air transportation	422
	c.	Others transportation Rail way, pipe, electricity space transport, and high way	423

PURPOSE OF TRANSACTION			CODE
3.3.	Freight not relates to export - import Covers receipts / payments of freight service provider not relates to export-import but includes charges loading or unloading, rent the transportation with the crew
	a.	Sea transportation	431
	b.	Air transportation	432
	c.	Others transportation Rail way, pipe, electricity space transport, and high way	433

3.4.	Support transportation Covers receipts / payments for support transportation , Sea transport, Air transport or other activities in terminal such as handling cargo, warehousing, packaging, navigation guide, cleaning transportation, rescue, commission or fee for transportation agent
	a.	Sea transportation		441
	b.	Air transportation		442
	c.	Others transportation Rail way, pipe, electricity space transport, and high way		443
3.5.	Post and Courier Covers receipts / payments for Post Office service (pickup and delivery mail, magazine, brochures ), or payment or expenses for delivery of goods by courier service includes express packaging or door to door delivery			450
4.	Trip
	4.1.		Business Trip Covers receipts / payments for business trip ie : accommodation, meal and local transport in destination country Not includes transportation from or to Indonesia / from or to overseas	461
	4.2.		Personal Trip Covers receipts / payments for all personal trip not includes business trip such as medical, education, holiday, religion trip includes accommodation, meal, medical and local transport in destination country. Not included: transportation from or to Indonesia / from or to overseas	462

	PURPOSE OF TRANSACTION		CODE
5.	Medical Covers receipts / payment for medical such as medical services, other health care , accommodation, meal and local transport in destination country. Not included: transportation from or to Indonesia / from or to overseas
	a.	Medical Services held in Indonesia	466
	b.	Medical service held in outside Indonesia	467
6.	Education / Training Covers receipts / payment for education/ training such as school, conference, workshop, course and etc, ie : course registration fee, tuition fee, accommodation, meal, medical fee and local transport in destination country during education/training. Not included: transportation from or to Indonesia / from or to destination education / training in overseas
	a. Education / training held in Indonesia		468
	b. Education / training held in outside Indonesia		469
7.	Communication Service Covers receipts / payments for telecommunication: Transmission of voice, images, data, or other information by telephone, tele, radio, television, satellite, e-mail. (2) Mobile telecommunications services, Internet backbone services, and access to online services such as the provision of access to the internet. Not including installation services for networks, telecommunications equipment, and database services.		480

PURPOSE OF TRANSACTION			CODE
8.	Computer Services Covers receipt / payment for the provision of services related to hardware and software and data processing services, aI, include: (1) Sale of software as request by the buyer; (2) Sales of mass-produced software (including software downloads); (3) maintenance services and other support systems; (4) The sale and purchase of the right of ownership of the system and application software; (5) software and hardware consulting services; (6) Services Installation of hardware and software; (7) Maintenance and repair of computer and device support; (8) Analysis, drafting, and programming the system. Excluding the cost of the license for software reproduction / distribution.		490
9.	Information services Covers receipts / payments on i e . (1) The provision of news agency services (news, photos, and articles) to the media; (2) Services database (database conception, data storage, and dissemination of data and databases), both online and magnetic media, optical, and printing; (3) web search portal; (4) subscription services directly newspaper or periodical.		495
10.	Construction Services in Indonesia Covers receipt / payment for work on the construction and installation projects in Indonesia (aI buildings, factories, roads, ports, telecommunications network installation, including maintenance and repair) with duration of the project; Excluding the repair work of the embassy building or similar owned by foreign governments and construction work financed from grants.
	a.	Up to one year	501
	b.	More than one year	502

PURPOSE OF TRANSACTION			CODE
11	Construction services in Overseas Covers receipt / payment for work on construction projects and installations outside of Indonesia (e.g. buildings, factories, roads, ports, telecommunications network installation, including maintenance and repair) the duration of the project;
	a.	Up to one year	511
	b.	More than one year	512
	Excluding the repair work of the embassy building or similar owned by foreign governments and construction work financed from grants.
12	Insurance and pension funds Covers receipt / payment for the provision of various types of insurance and pension funds, including commissions for insurance agents, as well as supporting services that include
	12.1.	Direct Insurance
		a. Life insurance
		1) Premium Gross value premiums paid by the policyholder account after deducted with the rebates	521
		2) Benefit Value of benefits insurances received by the policyholder	522
		b. Freight insurance
		1) Premium Gross value premiums paid by the policyholder account after deducted with the rebates	523
		2) Claim Value of claim insurance received by policyholder	524
		c. Other direct insurance
		1) Premium Gross value premiums paid by the policyholder account after deducted with the rebates	525
		2) Claim Value of claim insurance received by policyholder	526

PURPOSE OF TRANSACTION			CODE
	12.2	Reinsurance 1) Premium Gross value premiums paid by the policyholder account after deducted with the rebates 2) Claim Value of claim insurance received by reinsurance policyholder 3) Commission Value of commissions paid by reinsurers company for policyholders reinsurance	531
	12.3	Insurance support services Covers receipt / payment for the service provider related to insurance and pension fund activities, such as commission agent, brokerage services and insurance agents, insurance consultant services and pension funds, service evaluation and assessment of losses, and actuarial services	541
	12.4	Pension Fund Covers receipt / payments on services provided by the pension fund which established to provide retirement income and benefits in the event of death or disability for a group of employees
		1) Contributions Gross value of the contribution paid by the company and / or employees of the company to the pension fund.	546
		2) Benefit Value of the benefits received by employees of the pension fund.	547
13.	Financial Service Covering financial intermediary services and other support services related to financial institutions, such as: (1) Service fees associated with letters of intermediation credits, banker's acceptances, the provision of credit facilities, leasing, and buying and selling foreign currencies; (2) The Commission and other fees associated with transactions in securities, such as brokerage, placements of issues, underwriting, redemptions, and financial derivatives; (3) The Commission for the commodity exchange traders; (4) services related to asset management, investment advisory, operational and financial market regulation, underwriting, and custodian; (5) Bank administrative costs and money transfer fees.		550

PURPOSE OF TRANSACTION		CODE
14.	Use of Intellectual Property Rights Covering: (1) the cost of using an exclusive proprietary rights, such as patents, trademarks, copyrights, process & industrial design, and franchise and all kinds of stuff; (2) the cost of a license to reproduce and / or distribute the intellectual property contained in the original product or prototype (such as copyrights of books, computer software, and cinematography) and related rights (e.g. for recording live performances and television broadcasting, cable and satellite)	560
15.	Research and Development Includes receipt / payment for the provision of services related to basic research, applied research and experimental development of new products and processes. These services are break down into: (1) research and development services, whether provided based on order (Customized) and non-customized; (2) Sale of ownership of property derived from the results of research and development (such as patents and copyrights); (3) other covering a wide range of testing and development of products / other process	570
16.	Legal, accounting, management consulting, and public relations Includes receipts / payments for the provision of legal services, accounting, management consulting, managerial, and public relations, such as financial auditors for company and general management services branches or subsidiaries provided by the parent company. Excluding reimbursement of various services supplied by subsidiaries and the management fee.	580
17.	Advertising, market research and public opinion polling Includes receipt / payment for the provision of advertising services; media placement, including the purchase and sale of advertising space; exhibition services in trade workshop; promotional products; market research; telemarketing, and the organization of polls	590
18.	Architecture, engineering, and other technical Includes receipts / payments for the provision of services related to (1) the architectural design; (2) planning, design, engineering and project-related studies dams, ports, and the like, not including mining engineering projects; (3) other scientific and technical services such as surveying, cartography, product testing and certification, and technical inspection services.	600

PURPOSE OF TRANSACTION			CODE
19.	Mining, agriculture, and waste management and pollution Covers receipts / payments for the provision of services related to (1) the mining and oil and gas extraction, such as drilling, derrick building, repair and dismantling, and gas well casing cementing; (2) agriculture forestry, and fisheries such as the provision of agricultural machinery along with its crew, harvesting, pest control, and veterinary services; (3) waste treatment and depollution as collection and disposal of garbage; remediation, sanitation, and other environmental protection services.		610
20.	Operational Leasing Covers receipts / payments for leasing activities (leasing / rental and charter) goods and charter transportation unmanned such as cars, ships, aircraft, and rig. Excluding leasing capacity and telecommunication lines, lease of land and buildings.
	a.	Goods	615
	b.	Means of transport without crew	616
21.	Trade Service Covering the commission in order to trade in goods and services, not including financial brokerage fees and commissions travel agents.		630
22.	Other Business Services Covers income / commission payments to merchants, commodity brokers, dealers, auctioneers, and commission agents in order to trade in goods and services. Excluding financial brokerage fees, franchise fees, and travel agent commission.		640
23.	Arts, Culture, and Recreation Covers receipt / payment for the provision of services related to: (1) audiovisual and related services, namely services and fee on the production of films, radio and television programs, and music recording. Here includes the rental of audiovisual products and fees received by actors, directors, and producers are engaging in music and theater performances, sporting activities or circus; (2) personal, cultural and sports facilities such as the provision of health services and distance education (e.g. through correspondence or Internet) or directly at the place of service users as well as other services related to the activity in museums, libraries, archives, as well as sports activities, recreation and culture.
	a	Services of art, culture, and recreation in Indonesia	651
	b	Services of art, culture, and recreation conducted outside Indonesia	652

PURPOSE OF TRANSACTION	CODE
Government Services Covers i e. payment / receipt of the goods or services received / given to the embassy / consulate / foreign attaché / international institutions, payments / receipts related to visas, as well as the Indonesian government payments to Indonesian embassies abroad.	660
Other Transaction Service Covers payment/receipt transaction service other than those mentioned above	670
Settlement account balances (netting) Covers settlement account balances between branches with the other branch offices / headquarters of a company or between a company with other companies:
14.1. Related export	127
14.2. Not related export	129

PURPOSE OF TRANSACTION			CODE
C.	INCOME
1.	Interest, dividends, and similar
	1.1	Profit, profit sharing, margin and bonus a. Marketable securities issued by non-residents (as promissory notes, commercial papers and bonds as well as inter-bank Mudaraba Investment Certificate - SIMA.
		1) Up to one year	701
		2) More than one year	702
		b. Current accounts and savings, including savings and deposits mudharabah	705
		c. Loans (including financial leasing, murabaha, Musharaka, greeting parallel, istisnaa parallel and Ijarah)	710
		d. Securities issued by resident ; ie Promissory Notes, Commercial papers, Bonds and Mudharaba Investment Certificate -SIMA
		1) Up to one year	716
		2) More than one year	717
		Gold swap	720
	1.2	Dividends and gains / profits distributed, including profits derived from mutual funds	725
2.	Transactions Fee of Securities Lending, gold loans and gold swaps Covers fees received by:
	a.	The owner of securities in order to securities lending	730
	b.	The owner of gold in order transaction gold or gold loans, swaps	731
3.	Worker's remittances Income of Indonesian workers in abroad which transferred to Indonesia also income foreign workers in Indonesia which transferred abroad		150
4.	Labor Income Include salaries, wages and other benefits paid to / received by workers, including social security payments, insurance, and pension fund by the employer for the benefit of workers.		163
5.	Land and Building Rental Covering a rental land services, office space, apartments, houses, and similar
	a.	Land	741
	b.	Office space, apartments, houses, and similar	742
	c.	Land and office space, apartments, houses, and similar	743

PURPOSE OF TRANSACTION			CODE
6.	Grants and similar Covers grants / donations / contributions (among others for the benefit of religious, scientific, cultural, and humanitarian), social security schemes, scholarships, gifts, charity, and activities that are not compensated directly.
	a.	Grants or similar (in cash) are not associated with the obligation to purchase fixed assets. Including payments to international or supranational authority which is compulsory but does not provide in returned compensation	751
	b.	Grants or similar (in cash) are associated with the obligation to purchase fixed assets.	752
7.	Sanctions / penalties, and similar Covers fines / sanctions given by a court or other governmental agencies and the payment of compensation such for accidents that happen to a person or damage to property which are not covered by insurance		760
8.	Taxes and similar This includes taxes, levies, refunds and similar
	a.	Taxes on products such as value added tax and taxes on production such as payroll tax, land ta and buildings, and business licenses.	765
	b.	Taxes on income and welfare e.g. income tax in the form of wages and salaries, income and capital gains tax on the ownership of financial assets and the ta on financial transactions (such as taxes on publication),	766
	c.	Others Covers such as membership	767
9.	The right to use natural resources Covers receipt / payment for the right to use natural resources on a temporary basis, among others, in order excavation of mineral deposits (royalty), permit fishing, hunting, forest utilization, (HPH), production fees, and similar activities.		770

PURPOSE OF TRANSACTION			CODE
D.	CAPITAL TRANSACTION/FINANCE
1.	Sale and purchase of non-financial assets Covers selling / buying a franchise property rights, trademarks, and the results of research and development
	a.	Marketing assets such as franchises, trademarks, brand names, logos, and domain names.	193
	b.	Contracts, leases, and licenses such as the sale / purchase of rights to the marketable operating lease, permit use of natural resources (such as spectrum license), and the right to purchase goods or services exclusively.	194
2.	Sale and Purchasing of Lands and Buildings
	Covers sale/purchase transaction
	a.	Land	197
	b.	Buildings	198
3.	Investment and Divestment of Capital
	3.1.	Investment
		a. In Indonesia	203
		b. Outside Indonesia	204
	3.2.	Divestment of Capital
		a. In Indonesia	206
		b. Outside Indonesia	207
4.	Transactions of securities and mutual funds Includes the sale / purchase of shares and other debt securities as well as covering the sale / purchase of mutual fund units, both conventional and sharia-based.
	4.1.	Securities issued by non-residents:include stocks and other debt securities that are distinguished by a period
		a. Stock	311
		b. Other debt securities with maturities of more than one year:
		- Bonds	321
		- Medium Term Notes	322
		- Other long term securities	323
		c. Other debt securities, with maturities of up to one year:
		- Treasury Bills	331
		- Promissory Notes (PNs)	332
		- Other Short-Term Notes	333

PURPOSE OF TRANSACTION			CODE
	4.2.	Securities issued by residents:include stocks and other debt securities that are distinguished by a period
		a. Equity securities:
		- Stock	341
		- Other equity securities, such as warrants and rights	342
		b. Other debt securities, with maturities of more than one year :	351
		- Indonesian government bonds such as bonds in the framework of national bank recapitalization and Indonesian Retail Bonds (ORI)	352
		- Companies Bonds	353
		- Medium Term Notes	354
		- Other long terms Debt securities	354
		c. Other debt securities, with maturities of up to one year
		- Certificate of Bank Indonesia (SBI) and Certificate of Bank Indonesia Wadiah (SWBI)	361
		- Letters of Treasurer State (SPN)	362
		- Promissory Notes	363
		- Negotiable Certificates of Deposits(NCD)	364
		- Bonds and other short-term	365
		- Deposit Certificate Bank Indonesia	366
	4.3.	Mutual Funds Covering investments in mutual funds, including unit trusts, and other institutions that collect public funds to be invested in a portfolio of securities.	371
	4.4.	Exchange Traded Fund	372

PURPOSE OF TRANSACTION			CODE
5.	Securities transactions-Securities under Repurchase Agreement (Repo)
	5.1.	Covering the sale of securities issued by residents whereby the seller promises to repurchase the same at the agreed time.
		a. Repo sales of securities by the owners of securities with maturities: Up to one year More than one year	375
		b. Resale of securities repo by the buyer of securities with maturities: Up to one year More than one year	376
		c. Repurchase by the owner of securities that have been sold in a repo with a term:
		1) Up to one year	378
		2) More than one year	379
		d. Purchase of securities sold in repo with a term:	380
		1) Up to one year	381
		2) More than one year	382
	5.2.	Covering the sale of securities issued by non-residents whereby the seller promises to repurchase the same securities at the agreed time. a. Sales of securities repo by the owners of securities in the period:
		1) Up to one year	821
		2) More than one year	822
		b. Resale of securities repo by the buyer of securities with maturities
		1) Up to one year	823
		2) More than one year	824
		c. Repurchase by the owner of securities that have been sold in a repo with a term:
		1) Up to one year	825
		2) More than one year	826
		d. Purchase of securities sold in repo with a term:
		1) Up to one year	827
		2) More than one year	828

PURPOSE OF TRANSACTION			CODE
6.	Transaction Debt / Loans Covers the provision / withdrawal and repayment of the loan based on the period, including financial leasing.
	6.1.	Provision / Loan withdrawal with maturity
		a. Up to one year	221
		b. More than one year	222
	6.2.	Loan repayment with term of:
		a. Up to one year	231
		b. More than one year	232
	6.3.	Financial Leasing: Covers leasing contract basis lease with option to purchase.	233
	6.4.	Factoring: Includes the sale of receivables / finance bill with the debtor: 1. Bank in Indonesia, with a period:
		a. Up to one year	383
		b. More than one year	384
		2. Company in Indonesia, with a period
		a. Up to one year	385
		b. More than one year	386
		3. Bank in abroad, with a period
		a. Up to one year	387
		b. More than one year	388
		4. Company in abroad, with period
		a. Up to one year	389
		b. More than one year	390
7.	Gold Swap Includes income on gold swap transactions (gold exchange) where the giving of money (cash provider) promised to return the same to the owner gold (gold owner) with time has been agreed
	7.1.	Cash transfer of funds by the provider in gold swap transactions with term agreement
		a. Up to one year	391
		b. More than one year	392
	7.2.	Refunds by gold owner in gold swap transaction with term agreement
		a. Up to one year	393
		b. More than one year	394
	7.3.	Receipt of funds by cash provider in gold swap transactions with term agreement
		a. Up to one year	395
		b. More than one year	396

PURPOSE OF TRANSACTION			CODE
	7.4.	Receipt of funds by gold owner in gold swap transactions with term agreement:
		a. Up to one year	397
		b. More than one year	398
8.	Working capital/Cash Call Covers receipt / payment of funds from the parent companies / investors which will be used among others to buy raw materials and pay wages
	a.	Oil and Gas	808
	b.	Non-Oil and Gas	809
9.	Advance payment Covers advance payment
	a.	Non export Import Goods	811
	b.	Insurance	812
	c.	Others	813
10.	Receipt/ Refund (Based on IPO and Private Placement) Includes receipt or refund of securities in order to Initial Public Offering (IPO) and the Private Placement.		814
11.	Reimbursement on bailouts Covers the entire refund in lieu of the expenditure that has been done previously for certain activities.		815
12.	Savings in Indonesia Covers placement / withdrawal of deposits in banks in Indonesia
	12.1.	Deposit Placements
		a. Up to 3 months:	240
		Term deposit	241
		Others, including current accounts and call money	242
		b. More than 3 months up to 6 months	243
		c. More than 6 months	243
	12.2.	Withdrawal Deposit
		a. Up to 3 months including Term Deposit account	244
		Others, including current accounts and call money	245
		b. More than 3 months up to 6 months	246
		c. More than 6 months	247

PURPOSE OF TRANSACTION				CODE
13.	Savings/Deposit in outside Indonesia Covers placement / withdrawal of deposits in banks abroad, including the withdrawal of export revenues from offshore accounts.
	13.1	Deposit (placement)
		a. Up to 3 months, including current accounts and call money		251
		b. More than 3 months		252
	13.2.	Withdrawal Deposit
		a. Up to 3 months, including current accounts and call money		255
		b. More than 3 months		256
	13.3.	The withdrawal of Export proceed from offshore accounts.		257
14.	Foreign Exchange Trading Covers completion spot and forward transactions:
	14.1.	Spot Transaction
		a. Foreign currency against IDR		261
		b. Between foreign currency		262
	14.2.	Forward Transaction
		a. Foreign currency against IDR		263
		b. Between foreign currency		264
15.	Derivative transactions Includes income in the settlement of derivative transactions. Does not include fees and commissions paid / received by an intermediary such as a bank, broker, or dealer.
	a.		Gain on forward transactions (such as swaps and futures)	271
	b.		Admission to forward rate agreements (FRA)	272
16.	Deposit/Refund guarantee Includes deposits and refunds which used as collateral for the particular transaction purposes			280
17.	Refunds for transactions other than export / import of goods and other goods transactions Covers a refund of the transaction other than export / import transactions of goods and other items, such as return on reservations for the purchase of securities, the overpayment.			282
18.	Others capital transaction All the capital transactions other than those mentioned above			299

Appendix IX: Purpose of Payment Codes (RSD)

Appendix XI - Purpose of Payment Codes (AED)

Appendix XXIX - Purpose of Payment Code (KES)

Appendix XXX - Purpose of Payment (KWD)

Code

Name

Definition

Appendix XIV: Single Payment Classification Code Digits (EKNP)

Appendix XV: Purpose of Payment Codes (ZAR)

Appendix XVI: Purpose Code in Myanmar

Appendix XVIII: Purpose Of Payment Codes (BHD)

Appendix XIX: Local Clearing Code & BIC Code

Beneficiary Participant

Default Bank/branch code

BIC Code

Appendix XX: Purpose of Payment Code (IDR)