Chile purpose of payment guide


The purpose of payment code is a five-digit code that indicates the reason for the transaction and corresponds to different transaction types, such as income or expenses.

It’s important to ensure that the purpose of payment code is accurate and appropriate for the transaction. Incorrect or inappropriate codes can result in delays or even rejection of the transfer.

Code

Description

Income

10000

Communication, construction, and transport services

10002

Computer services

10005

Various business, professional, fee, and technical services

10007

Personal, cultural, and recreational services

10008

Information services

10020

Internal credits in foreign currency for export financing

10024

Retirements, montepíos, family aid, inheritances, and other donations

10025

Other internal credits in foreign currency

10028

Diplomatic representations, missions, international organizations, and others representative offices

10040

Leasing of transportation equipment and machinery

10050

Income from securities agencies, stock brokers, investment banks, and other similar

10051

Purchases from the central bank of Chile

10052

Purchases from banking companies

10053

Purchases from legal entities authorized in accordance with chapter III of the compendium

10055

Purchases by currency arbitration

10057

Purchases or income general treasury of the republic

10060

Income from settlement of Income, reserves, and provisions accounts in foreign currency

10070

Tourism income

10075

Income from deposits in foreign currency constituted in Chile

10080

Income not contemplated in other exchange operations codes

10081

Income from operations of agreements with banking companies established in Chile

10090

Previously reported currencies

10096

Income from M.C.F. by remittances or deposits of documents in foreign currency

10100

Purchase of foreign currency pending assignment of exchange operation code during the same bank business day

10400

Export returns

10425

Income from correspondent from operations abroad

10450

Buyer advance

10460

CODELCO

10480

Income from brokerage and other foreign trade activities

10570

Commissions for foreign trade activities

10700

Premiums from insurance, reinsurance, and other associated income

10750

Compensation for/without insurance contracts

10822

Contributions, loans, and donations to corporations and other legal entities without fines of lucro (D.L. N° 1.183 of 1975)

10830

Royalties, copyright, and license for the use of trademarks and patents

10900

Income from operations with derivative instruments agreed with residents in the outside

10950

Income from operations with derivative instruments agreed in the market local with M.C.F.

11100

Foreign capital investment funds

11200

Return of capital of direct investment in rights or shares of companies or companies (accumulated participation greater than or equal to 10%)

11201

Return of profits from direct investment in rights or shares of companies or companies (accumulated participation greater than or equal to 10%)

11210

Return of portfolio investment capital in rights or shares of companies or companies resident abroad (accumulative participation less than 10%)

11211

Return of portfolio investment profits in rights or shares of companies or companies resident abroad (accumulative participation less than 10%)

11215

Return of portfolio investment capital in securities of issuers resident in Chile - ADRs, URs, fund participation quotas, etc. (stake accumulated less than 10%)

11216

Return of portfolio investment profits in securities of issuers resident in Chile - ADRs, URs, fund participation quotas, etc. (stake accumulated less than 10%)

11220

Return of investment capital abroad in bonds and promissory notes of issuers residents abroad

11221

Return of investment interest abroad in bonds and promissory notes of issuers residents abroad

11225

Return of investment capital abroad in issuers' bonds and promissory notes residents in Chile, placed abroad

11226

Return of investment interest abroad in issuers' bonds and promissory notes residents in Chile, placed abroad

11230

Return of capital of investments abroad in fixed income instruments of short term

11231

Return of interest on investments abroad in fixed income instruments short-term

11240

Amortization of credits granted abroad to related companies (accumulated participation greater than or equal to 10%)

11241

Interest on credits granted abroad to related companies (participation cumulative greater than or equal to 10%)

11242

Credit commissions granted abroad

11245

Amortization of loans granted abroad to unrelated companies (accumulated participation less than 10%)

11246

Interest on loans granted abroad to unrelated companies (accumulated participation less than 10%)

11250

Return of deposits made abroad

11251

Interest on deposits made abroad

11260

Return of capital from investments abroad in other financial assets

11261

Return of profits from investments abroad in other financial assets

11270

Return of capital from investments abroad in other non-financial assets

11271

Return of profits from foreign investments in other non-financial assets

11280

Return of capital of investments in foreign securities or C.D.V. (offshore stock exchange)

11281

Return of investment earnings in foreign securities or C.D.V. (offshore stock exchange)

11290

Payment of principal and/or interest of bonds issued in the local market by entities foreign (council agreement no. 1282-02-060727)

11400

External credits

11403

Income from M.C.F. for use of line of credit

11405

External credits associated with D.L. 600

11410

Bonds issued and placed abroad

11415

Income from the sale of external credits

11420

Foreign deposits

11450

Capital contributions to establish or increase the capital of legal persons Chilean residents

11460

Foreign investment in bonds and promissory notes issued by the public sector

11465

Foreign investment in bonds and promissory notes issued by the private sector

11470

Investments to acquire shares or rights of companies

11475

Foreign investments in real estate or personal property

11480

Foreign investments in short-term fixed Income instruments

11485

Foreign investment covered by D.L. 600

11490

Income for the purchase of S.A. shares or investment fund quotas

11495

Commissions, brokerage, custody, fees, and other income from investments of the exterior

Expenses

20000

Communication, construction, and transportation services

20002

Computer services

20005

Various business, professional, fee, and technical services

20007

Personal, cultural, and recreational services

20008

Information services

20020

Amortization of internal credits in foreign currency for the financing of exports

20021

Interest on internal credits in foreign currency for the financing of exports

20023

Contributions and quotas to international organizations

20024

Retirements, montepíos, family aid, inheritance, and donations

20025

Amortization of other internal credits in foreign currency

20026

Interest from other internal credits in foreign currency

20028

Diplomatic representations, missions, and other representation offices in the exterior

20040

Leasing of transportation equipment and machinery

20050

Disbursements from securities agencies, stock brokers, investment banks, and other similar

20051

Sales to the Central Bank of Chile

20052

Sales to banking companies

20053

Sales to legal entities authorized in accordance with Chapter III of the Compendium

20055

Sales by currency arbitration

20057

Sales or Disbursements General Treasury of the Republic

20060

Expenditures for liquidation of income accounts and for the constitution of Reserves with profits in foreign currency

20070

Expenditures for tourism

20075

Disbursements from deposits in foreign currency constituted in Chile

20077

Foreign currency taxes

20080

Expenditures not contemplated in other exchange operations codes

20081

Disbursements for operations of agreements with banking companies established in Chile

20090

Disbursements for future transfers or for direct payments abroad

20096

Expenditures from M.C.F. by remittances or deposits of documents in foreign currency

20100

Foreign currency sale pending assignment of exchange operation code during the same bank business day

20420

Acquisition of foreign merchandise to be processed in a private warehouse of export

20450

Return of buyer advance

20470

Commissions for foreign trade activities

20500

Import coverage

20525

Correspondent expenses for foreign operations

20551

Interest for import operations

20580

Expenditures through intermediation and other foreign trade activities

20700

Premiums for insurance, reinsurance, and other associated expenses

20750

Compensation for/without insurance contracts

20830

Royalties, copyright, and license for the use of trademarks and patents

20900

Expenditures for operations with derivative instruments agreed with residents in the outside

20950

Expenditures for operations with derivative instruments agreed in the market local with M.C.F.

21100

Re-export of foreign capital investment funds

21101

Profits foreign capital investment funds

21200

Direct investment in rights or shares of companies or companies (participation cumulative greater than or equal to 10%)

21210

Portfolio investment in rights or shares of resident companies or companies abroad (accumulative participation less than 10%)

21215

Portfolio investment in securities of issuers resident in Chile - ADRs, Urs, quotas of participation in funds, etc. (accumulated participation less than 10%)

21220

Investments abroad in bonds and notes of issuers resident in the exterior

21225

Investment abroad in bonds and promissory notes of issuers resident in Chile, placed outside

21230

Investments abroad in short-term fixed Income Instruments

21240

Credits granted abroad to related companies (greater participation or equal to 10%)

21245

Loans granted abroad to unrelated companies (participation accumulated less than 10%)

21250

Deposits made abroad

21260

Investments abroad in other financial assets

21270

Investments abroad in other non-financial assets

21280

Investment in foreign securities or C.D.V. (offshore stock exchange)

21290

Bonds issued in the local market by foreign entities (Council Agreement WOMEN 1282-02-060727)

21295

Commissions, custody, fees, other expenses related to investments abroad

21400

Amortization of external credits

21401

Interest on external credits

21402

Commissions, insurance premiums, and other expenses for external credits

21403

Disbursements from M.C.F. for use of line of credit

21405

Amortization of external credits associated with D.L. 600

21406

Interest on external credits associated with D.L. 600

21410

Amortization of bonds issued and placed abroad

21411

Interest on bonds issued and placed abroad

21415

Disbursements for the purchase of external credits

21420

Re-export of foreign deposits

21421

Interest on foreign deposits

21450

Re-export of capital contributions to legal persons resident in Chile

21451

Profits, benefits, and dividends from capital contributions to legal persons Chilean residents

21460

Re-export of foreign investment capital in bonds and promissory notes issued by the public sector

21461

Re-export of foreign investment interests in bonds and promissory notes issued by the public sector

21465

Re-export of foreign investment capital in bonds and promissory notes issued by the private sector

21466

Re-export of foreign investment interest in bonds and promissory notes issued by the private sector

21470

Re-export of investments to acquire shares or company rights

21471

Investment profits to acquire shares or rights of companies

21475

Re-export of capital of foreign investments in real estate and goods furniture

21476

Profits from foreign investments in real estate and personal property

21480

Re-export of foreign investment capital in fixed income instruments of short term

21481

Re-export of foreign investment interests/profits in security instruments short-term fixed income

21485

Re-export of foreign investment capital covered by D.L. 600

21486

Profits and dividends from foreign investment covered by D.L. 600

21490

Re-exportation of capital due to the sale of S.A. Shares of Funding Quotas Investment

21491

Profits, dividends, and other expenses from the sale of S.A. Shares or Fees of Investment Funds

21498

Re-export of capital for investments Ex Chapter XIX

21499

Earnings from investments Ex Chapter XIX

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