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Reason for payment

In some countries, central banks require the reason for payment to be included in international money transfer instructions.  

When sending money to the countries listed below, you will need to select a "Reason for payment" from the list available for each country. Please select the reason that best matches the purpose of your money transfer and include any relevant details in the free-text description box. Please note that in some cases, the payment may get rejected or returned if the reason for payment is not specified.

Note the "Reason for payment" is not passed or visible to the person receiving your money transfer. This information is collected by the overseas bank to comply with their central bank reporting requirements.

The table below details the countries that the "Reason for payment" applies.
 

Reason for payment     
All
  • Advance payables (TCP)
  • Agency commissions (ACM)
  • Air transport (ATS)
  • Allowance (ALW)
  • Bonus (BON)
  • Commercial investments (CIN)
  • Commission (COM)
  • Compensation (COP)
  • Computer services (ITS)
  • Construction (SCO)
  • Consulting services (PMS)
  • Corporate card payment (CCP)
  • Debt - loans/deposit(LDL)
  • Debt - securities (LDS)
  • Dividends intragroup (IGD)
  • Donations (CHC)
  • Educational support (EDU)
  • Embassy payment (GOS)
  • End of service (EOS)
  • Equated monthly instalment (EMI)
  • Equity/investment fund shares (CEL)
  • Family support (FAM)
  • Financial services (FIS)
  • Goods trade (GDE)
  • Information services (IFS)
  • Insurance services (INS)
  • Intragroup interest repayment (IID)
  • Intragroup loans (DLF)
  • Intragroup transfer (IGT)
  • Investment shares - income (ISH)
  • IPO Subscriptions (IPO)
  • Leasing in BAH (LEL)
  • Leave salary (LAS)
  • Loan charges (LNC)
  • Loan interest payment (LIP)
  • Loan term loans (LLA)
  • Mobile wallet (MWP)
  • Other business Services (TKT)
  • Other- transport (OTS)
  • Own account transfer (OAT)
  • Pension (PEN)
  • Personal investments (PIN)
  • Personal transfer (AFA)
  • Profit/rent real estate (PRR)
  • Purchase foreign debt security (DLA)
  • Purchase real estate - Bahrain (PPL)
  • Recreational  services (PRS)
  • Rent (RNT)
  • Repair/maintenance goods (GMS)
  • Research and development (RDS)
  • Royalties (IPC)
  • Refunds/Reversals on IPO subscriptions (POR)
  • Salary (SAL)
  • Salary advance (SAA)
  • Sea transport (STS)
  • Short term loan (SLA)
  • Technology/trade/other services (TTS)
  • Telecommunication services (TCS)
  • Travel (STR)
  • Utility bill payment (ULT)
Currency Reason for payment   
All
  • Computer services
  • Construction
  • Donations to charity
  • Educational services
  • Employee salary
  • Family maintenance
  • Financial services
  • Gifts and donations
  • Health services
  • Intellectual property
  • Investment banking  
  • Life insurance
  • Manufacturing - goods
  • Other business services
  • Other general insurance
  • Payment for legal services
  • Payment for tax services
  • Payment for travel services
  • Payment of house loans
  • Recreational services
  • Tax payment
  • Telecommunication, computer
  • Travel
  • Travel for education
Currency Reason for payment   
All
  • Capital transfer
  • Charity donation
  • Current account transaction
  • Goods trade
  • Service trade
Currency Reason for payment   
All
  • Accounting / audit services (P1005)
  • Advance against exports (P0103)
  • Advertising, trade fair service (P1007)
  • Commission imports/exports (P1002)
  • Construction (P0501)
  • Donations to charity (P1303)
  • Educational services (P1107)
  • Embassy payment (P1201)
  • Employee compensation (P1401)
  • Export proceeds for bills (P0102)
  • Exports (of goods) (P0101)
  • Family maintenance (P1301)
  • FDI debt in India (P0007)
  • FDI equity in India (P0006)
  • Financial services (P0701)
  • Gifts and donations (P1302)
  • Grants/donations (P1304)
  • Health services (P1108)
  • Intellectual property (P0901)
  • Investment banking (P0702)
  • Life insurance except term insurance (P0601)
  • Management consulting (P1006)
  • Manufacturing - goods (P1701)
  • Non resident pay in account (P0014)
  • Other business services (P1099)
  • Other general insurance premium (P0603)
  • Payment for computer services (P0803)
  • Payment for legal services (P1004)
  • Payment for tax services (P1015)
  • Payment for travel services (P0306)
  • Payment of house loans (P1403)
  • Recreational services (P1104)
  • Refunds for services (P1502)
  • Software/Consultancy (P0802)
  • Tax (P1306)
  • Telecommunication, computer (P0801)
  • Travel (P0302)
  • Travel for education (P0305)
Currency Reason for payment   
All
  • Advertising - market research (2590)
  • Air transportation services (2411)
  • Architecture, other technical (2600)
  • Art/recreation (2651)
  • Auxiliary insurance services (2541)
  • Business trip (2461)
  • Communication services (2480)
  • Companies bonds (2353)
  • Computer services (2490)
  • Construction in industry < 1year (2501) 
  • Construction in industry > 1year (2502)
  • Deposit (2280)
  • Dividends and gains (2725) 
  • Education training in Indonesia (2468)
  • Export/import advance full pay (2018)
  • Export/import advance partial pay (2019)
  • Export goods from Indonesia (2011)
  • Export/import - air freight (2422)
  • Export/import - sea freight (2421)
  • Export/import - others freight (2423)
  • Financial service (2550)
  • Freight insurance claim (2524)
  • Freight insurance premium (2523)
  • Goods processing services  (2400)
  • Government services (2660)
  • Information services (2495)
  • Intellectual property rights (2560)
  • Interest loans (2710)
  • Investment in Indonesia (2203)
  • Labour income (2163)
  • Leasing goods (2615)
  • Leasing transport (2616)
  • Legal, accounting, consulting, PR (2580)
  • Life insurance benefit (2522)
  • Life insurance premium (2521)
  • Medical services in Indonesia (2466) 
  • Mining, agriculture, and waste (2610)
  • Non-export/import - air freight (2432)
  • Non-export/import - others freight (2433)
  • Non-export/import - sea freight (2431)
  • Other business services (2640)
  • Other income (2767)
  • Other insurance claims (2526)
  • Other insurance premium (2525)
  • Other transaction services (2670)
  • Other transportation services (2413)
  • Pension fund benefit (2547)
  • Pension fund contributions (2546)
  • Personal trip (2462)
  • Post and courier (2450)
  • Reinsurance (2531)
  • Reinsurance claim (2532)
  • Reinsurance commission (2533)
  • Rental - building (2742)
  • Rental - land (2741)
  • Rental - land and building (2743)
  • Repair and maintenance services (2405)
  • Research and development (2570)
  • Sale/purchase marketing assets (2193)
  • Sale/purchase - contract, licences (2194)
  • Taxes on income (2766)
  • Taxes on products (2765)
  • Trade service charges (2630)
  • Use of natural resources right (2770)
  • Workers remittances (2150)
  • Working capital - non oil gas (2809)
  • Working capital - oil and gas (2808)
Currency Reason for payment   
All
  • Air freight (0401)
  • Associations subscriptions (0108)
  • Brokerage investments (0302) 
  • Commissions (0815)
  • Construction services (0805)
  • Consulting services (0804)
  • Credit card payment (1111)
  • Cultural/education/entertainment services (0810)
  • Delegation payment (0502)
  • Education - government (0503)
  • Education - private (0504)
  • Embassy payment (1001)
  • Embassy salaries (0205)
  • End of service indemnity (0111) 
  • Export from Jordan (0602)
  • External funding to Jordan (0904)
  • Family assistance and expenses (0106) 
  • Fees (0814)
  • Financial services (0802)
  • Franchise & licence fees (0816) 
  • Information technology services (0803) 
  • Inheritance (0110)
  • Insurance (0303)
  • Investment in Jordan (0305)
  • Investment revenues (0301)
  • Invoice payment & purchase (0101)
  • Laborers salaries (0202)
  • Land freight (0402)
  • Long term loans repayment (1101)
  • Maintenance & assembly services (0806)
  • Marketing & media services (0807) 
  • Medical & health services (0809)
  • Membership fees (0818)
  • Mining services (0808)
  • Overseas incoming salaries (0206)
  • Pension payment (0208)
  • Permanent diplomatic missions (1002)
  • Personal donations (0105)
  • Personal loan payment (1112)
  • Prepaid cards recharging (0103) 
  • Real estate (0812) 
  • Rental expenses (0811)
  • Salaries (0201)
  • Savings and funding accounts  (0109)
  • Scientific research support (1202) 
  • Sea freight (0403)
  • Short term loans repayment (1103)
  • Short term loans repayment (1107)
  • Social security subscription (0107)
  • Taxes (813)
  • Telecommunication services (0801) 
  • Temporary diplomatic missions (1003)
  • Tender bond guarantee (0307)
  • Travel and tourism (0404)
  • Utility bill payment (0102)
Currency Reason for payment   
All
  • Accounting services (16772)
  • Advertising, market research (16760)
  • Agricultural, mining (16750)
  • Architectural, engineering (16740)
  • Audio-visual and artistic (16810)
  • Communication services (16100)
  • Construction and installation (16210)
  • Current Acct Transfer (17020)
  • Education- related (13500)
  • Education services (16830)
  • Fines/Penalties- Government (21132)
  • Grants and gifts (21210)
  • Grants, aid, donations (21110)
  • Health services (16820)
  • Heritage and recreational (16840)
  • Imports - Goods (09001)
  • Intellectual property (16610)
  • Inter-company settlement (17010)
  • International organisations (15200)
  • Investment income (14110)
  • Legacies, compensations (21230)
  • Legal services (16771)
  • Management consulting services (16773)
  • Mergers and acquisitions (35130)
  • Other capital transfer (22230)
  • Other modes of transportation (11130)
  • Other personal services (16850)
  • Premium paid insurance (16312)
  • Real estate purchase - Commission (39111)
  • Refunds on goods (09100)
  • Rentals (16780)
  • Taxes on dividends/ interest (21131)
  • Trade Services - Charges/Commission (16791)
  • Travel - Medical (13400)
  • Travel - Religious (13300)
  • Wages and salaries (14310)
  • Workers’ remittances (21220)
Currency Reason for payment   
All
  • Construction
  • Education services
  • Employee compensation
  • Financial services
  • Gifts and donations
  • Health services
  • Insurance and pension services
  • Intellectual property 
  •  Investment banking
  • Management consulting
  • Manufacturing - goods
  • Other insurance
  • Recreational services
  • Tax
  • Telecommunication, computer
  • Travel
Currency Reason for payment   
All
  • Accounting/audit/tax consult services (9232) 
  • Advertising/marketing (9237)
  • Agency commission (9234)
  • Agriculture/mining/on-site process. (9241)
  • Architecture/engineer/technology services (9239)
  • Audio/related services (9251)
  • Brokerage and agency services (9161)
  • Business/management consulting/Public Relations (9233)
  • Business travel (9041)
  • Call centres (9102)
  • Certificate of investment FCA (9536)
  • Charges for licensing fee (9202)
  • Computer/information services (9186)
  • Construction services (9111)
  • Cost of export samples (9703) 
  • Courier services (0000)
  • Dividends - equity - other sectors (9324)
  • Dividends - investment funds (9333)
  • Embassy expenses (9271)
  • Family maintenance (9471) 
  • Fees/commission/broker (9212)
  • Freight forwarding - land (3000)
  • Freight forwarding - air (5000)
  • Freight forwarding - sea (6000)
  • Hardware consultancy services (9181)
  • Health and medical expenses (9061)
  • Housing schemes (9479)
  • Interest on debt intercompany (9311)
  • Journalists/author income (9191) 
  • Legal services (9231)
  • Life insurance/pension services (9121)
  • Maintenance (9183)
  • Maintenance and repair services (9250)
  • Merchandise/trade related services (9211) 
  • Newspapers/periodicals subscription (9192)
  • Non-bank financial services (9173)
  • Non-life insurance services (9141)
  • Official travel - government (9031)
  • Official travel - international organisation (9032)
  • Other business services/ expenses (9247)
  • Other computer services (9185) 
  • Other investment income (9444)
  • Other personal (9262)
  • Other private transfers (9476)
  • Payment - FCA in Pakistan (9535)
  • Pension transactions (9477)
  • Postal services (1000) 
  • Processing fees - goods (9236)
  • Professional artist income (9261)
  • Refund- export (9242)
  • Reinsurance- life (9151)
  • Reinsurance- non-life (9152)
  • Rental income (9443)
  • Research and development (9238) 
  • Royalties/trademark charges (9201)
  • Security deposit - tenders (9243)
  • Shareholders income (9303)
  • Shipping company (7000)
  • Social contributions (9470)
  • Software consultancy services (9182)
  • Students (9071)
  • Taxes and duties (9451) 
  • Telecommunication services (9101)
  • Tourism payment - foreign national (9082)
  • Tourism payment - Pakistan national (9081)
  • Utility/agency/services (9478)
  • Wages/salaries/other benefits (9291)
  • Waste treatment/de-pollution (9230)
Currency Reason for payment   
All
  • Annuity (14130)
  • Cash custodian fund (09000)
  • Corporate payment - business (39112)
  • Corporate payment - government (36310)
  • Corporate payment - person (32200)
  • Government bill payment (14150)
  • Salary payment (16620)
  • Utility bills (16311)
Currency Reason for payment   
All
  • Allowances claim (ALLW)
  • Bill payment (BILL)
  • Bond payment (BONU)
  • Car loan payment (CLPR)
  • Cheque collection (CHCO)
  • Cheque returns (CHQR)
  • Court case (COUR)
  • Credit cards payment (CRCP)
  • Dividend/coupon payment (DIVI)
  • End of service benefits (ESRV)
  • Government payment (GOVT)
  • Housing loan payment (HOLP)
  • Insurance premium (INSU)
  • Interest (INTE)
  • Intra company payment (INTC)
  • Leave encashment (LEAV) 
  • Legal consultation fees (LEGA)
  • Liability settlements (LIAB)
  • Mobile payment (MOPA)
  • Official mission (OFFM)
  • Payment for local banks (PFLB)
  • Payment to contractor (CNTP)
  • Pension payment (PENS)
  • Personal finance settlement (PFST)
  • QATCH return (QACH)
  • Rent payment (RENT)
  • Salary payment (SALA)
  • Securities payment (SECU)
  • Social security benefit (SSBE)
  • Standing orders (STAN)
  • Supplier payment (SUPP)
  • Tax authority payment - tax (TAXT)
  • Taxi/limosine services (PPAY)
  • Termination of services (TERM)
  • Trade settlement payment(CORT)
  • Training course fees (TRCF)
  • Travel allowance (TRAV)
  • Treasury payment (TREA)
  • Tuition fees (TUIT)
  • Value added tax payment (VATX)
Currency Reason for payment   
All
  • Advance payment (ADP)
  • Allowance (ALW)
  • Bonus (BON)
  • Business related payment  (BRT)
  • Cargo services (CAR)
  • Commission (COM)
  • Compensation (COP)
  • Down payment (DOP)
  • End of service/final settlement (EOS)
  • Invoice settlement (INV)
  • Loan repayment (LOP)
  • Miscellaneous (MIS)
  • Overtime (OVT)
  • Payment of investment (POI)
  • Remittance/family maintenance (REM)
  • Salary (SAL)
  • Standing order (STO)
  • Tickets (TKT)
Currency Reason for payment   
All
  • Acquisition of copyrights (212)
  • Assurance/insurance claims (413)
  • Bond repayments (309)
  • Brokerage or commission (275)
  • Charitable contributions (404)
  • Computer-related services (231)
  • Construction services (242)
  • Corporate investment property (503)
  • Educational services (294)
  • Financial services (276)
  • Franchises and trademarks (213)
  • Freight (271)
  • Futures (702)
  • Gifts (401)
  • Government services (281)
  • Legal services (287)
  • Listed securities derivatives (612)
  • Loan made to a resident (803)
  • Management consulting services (289)
  • Marketing, advertising and sponsorship (291)
  • Medical and dental services (293)
  • Membership and subscriptions (402)
  • Merchanting transaction (110)
  • Money market instruments (602)
  • Non-resident property (510)
  • Options - listed/unlisted (701)
  • Other business services (297)
  • Other payments (830)
  • Payment of export proceeds (101)
  • Profits including dividends (301)
  • Recreational services (296)
  • Rental (308)
  • Research and development (220)
  • Securities debt redemption (611)
  • Social security contributions (403)
  • Tax (411)
  • Telecommunication (265)
  • Travel services (250)
Currency Reason for payment   
All
  • Construction
  • Education services
  • Employee compensation
  • Exports (of goods)
  • Financial services
  • Gifts and donations
  • Hardware consultancy
  • Health services
  • Insurance and pension services
  • Intellectual property 
  • Investment banking
  • Manufacturing - goods
  • Other business services
  • Other insurance
  • Recreational services
  • Tax
  • Telecommunication, computer
  • Travel
Currency Reason for payment   
All
  • Accept/return deposit for goods (318139)
  • Advertisement fees (318033)
  • Buying of condominium (318069)
  • Claim for goods insurance (318006)
  • Construction contract fees (318024)
  • Consultant fees (318028)
  • Debt instrument - loan (318094)
  • Debt instrument - repay (318088)
  • Discount for goods (318137)
  • Dividend (318043)
  • Electricity charge (318138)
  • Embassy expenses (318020)
  • Embassy salaries (318019)
  • Expenses under credit card (318017)
  • Family support (318059) 
  • Fare (318009)
  • Fees and commissions (318029)
  • Foreign securities - return investment (318202)
  • Freight (318004)
  • Goods (318133)
  • Goods done by affiliated business (318136)
  • Goods - insurance/reinsurance (318005)
  • Income sent back by labourer (318040)
  • Insurance services (318026)
  • Interest on loan (318044)
  • Interest repayment - debt instrument (318188)
  • International transfer agent (318167)
  • International freight - other charges (318007)
  • Intragroup payment (318063)
  • Investment in securities from abroad (318077)
  • Loan (318091)
  • Manufacturing or processing fee (318037)
  • Medical expense (318015)
  • News/information (318031)
  • Other fees (please indicate details) (318036)
  • Other fees and commissions (318030) 
  • Other interests (318045)
  • Other overseas traveling expenses (318014)
  • Other service charges for international
    transportation and other transportation fees (318010)
  • Private sector grant (318052)
  • Profit (318042)
  • Rent of property (318034)
  • Repayment (318085)
  • Representative office expenses (318032)
  • Royalty/trade/patent/copyright (318025)
  • Service fees for government entities (318018)
  • Services (318135)
  • Telecommunications fees (318023)
  • Traveling expenses - student (318013)
  • Traveling expenses - tourist (318012)
  • Treasury centre (318168)
Currency Reason for payment   
All
  • Agency commissions (ACM)
  • Air transport (ATS)
  • Allowance (ALW)
  • Bonus (BON)
  • Charitable contributions (CHC)
  • Commercial investments (CIN)
  • Compensation (COP)
  • Computer services (ITS)
  • Construction (SCO)
  • Corporate card payment (CCP)
  • Credit card payment (CRP)
  • Dividends intragroup (IGD)
  • Dividends on equity (DOE)
  • Educational support (EDU)
  • Equity/ Investment fund shares in UAE (CEL)
  • Family support (FAM)
  • Financial derivatives foreign (FDA)
  • Financial derivatives in UAE (FDL)
  • Financial services (FIS)
  • Goods bought (CIF value) (GDI)
  • Goods sold (FOB value) (GDE)
  • Government goods and services (GOS)
  • Government related income (GRI)
  • Income on Deposit (IOD)
  • Income on investment funds shares (ISH)
  • Income on loans (IOL)
  • Information services (IFS)
  • Insurance services (INS)
  • Intellectual property royalty (IPC)
  • Inter group transfer (IGT)
  • Interest on debt intragroup (IID)
  • Interest rate swp payments (IRP)
  • Interest rate unwind payment (IRW)
  • Intragroup loan (DLF)
  • Investment fund shares foreign (FIA)
  • Investment fund shares in UAE (FIL)
  • IPO subscriptions (IPO)
  • Leasing in the UAE (LEL)
  • Loan charges (LNC)
  • Loan interest payments (LIP)
  • Maintenance services on goods (GMS)
  • Management consulting services (PMS)
  • Other business services (TTS)
  • Own account transfer (OAT)
  • Personal investments (PIN)
  • Personal recreational services (PRS)
  • Purchase of real estate abroad (PPA)
  • Purchase of real estate in UAE (PPL)
  • Rent payment (RNT)
  • Research and development services (RDS)
  • Salary (SAL)
  • Tax payment (TAX)
  • Telecommunication services (TCS)
  • Travel (STR)
  • Utility bill payment (UTL)