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 |