Indonesia purpose of payment guide


Sending a wire to Indonesia requires you to provide certain information, including the recipient's bank details and the purpose of payment code. The purpose of payment code is a four-digit code that indicates the reason for the wire transfer, such as trade in goods or services, investment, or personal remittance.

When choosing a purpose of payment code, make sure that it is accurate and appropriate for the transaction. Incorrect or inappropriate codes could result in delays or even rejection.

Purpose of payment code

Purpose codes are used to indicate the nature of the transaction being conducted and should be included in the payment details when initiating a wire transfer to or from Indonesia. The purpose code should be selected based on the nature of the transaction and should be consistent with the supporting documentation, such as invoices or contracts.

Code

Description

2012

Import goods

2015

Bunkers & stores

2018

Advance payment for export/import goods paid in full

2019

Advance payment for export/import goods paid in partial

2097

Trade transaction other than export-import, and bunkers & stores in Indonesia

2098

Trade transaction other than export-import and bunkers & stores outside Indonesia

2127

Settlement account balances (netting) - related to export transactions

2129

Settlement account balances (netting) - not related to export transactions

2150

Transfer of income (worker's remittances)

2163

Worker's income

2193

Sale and purchase of nonfinancial marketing assets

2194

Sale and purchase of nonfinancial contract, lease, and licensing assets

2197

Sale and purchase of land

2198

Sale and purchase of building

2203

Capital investment in Indonesia

2204

Capital investment abroad

2206

Capital divestment in Indonesia

2207

Capital divestment abroad

2221

Loan provision/withdrawal with tenor up to 1 year

2222

Loan provision/withdrawal with tenor more than 1 year

2231

Loan repayment with tenor up to 1 year

2232

Loan repayment with tenor more than 1 year

2233

Financial lease

2240

Term deposit placement in Indonesia with tenor up to 3 months

2241

Other type of deposit placement, including current account and call money in Indonesia with tenor up to 3 months

2242

Deposit placement in Indonesia with tenor from 3 to 6 months

2243

Deposit placement in Indonesia with tenor more than 6 months

2244

Term deposit withdrawal in Indonesia with tenor up to 3 months

2245

Other type of deposit withdrawal, including current account and call money in Indonesia with tenor up to 3 months

2246

Deposit withdrawal in Indonesia with tenor from 3 to 6 months

2247

Deposit withdrawal in Indonesia with tenor more than 6 months

2251

Offshore deposit placement including current account and call money with tenor up to 3 months

2252

Offshore deposit placement including current account and call money with tenor more than 3 months

2256

Offshore deposit withdrawal including current account and call money with tenor more than 3 months

2257

Foreign exchange proceeds withdrawal from offshore account

2261

Foreign exchange spot transaction against rupiah

2262

Foreign exchange spot transaction against other foreign currency

2263

Foreign exchange forward transaction against rupiah

2264

Foreign exchange forward transaction against other foreign currency

2271

Derivative transaction - profit from forward or similar type of transactions

2272

Derivative transaction - receivable for Forward Rate Agreement (FRA)

2273

Derivative transaction - receivable in interest swap or currency swap transactions

2274

Derivative transaction - receivable for initial/repayable margin

2275

Derivative transaction - receivable for variation/non repayable margin

2276

Derivative transaction - premium receivable in option transactions

2277

Derivative transaction - principal receivable in first leg of currency swap transactions. Including advance payment in over-the-counter swaps

2278

Derivative transaction - principal receivable in final leg of currency swap transactions

2279

Derivative transaction - premium receivable in credit default swap transactions

2280

Collateral deposit/refund

2282

Refund for transaction other than export/import and other type of goods transactions

2299

Other capital/financial transactions

2311

Stocks securities transactions issued by nonresident

2321

Bonds securities transactions issued by nonresident with tenor more than 1 year

2322

Medium Term Notes (MTNs) securities transactions issued by nonresident with tenor more than 1 year

2323

Other long terms securities transactions issued by nonresident with tenor more than 1 year

2331

Treasury bills securities transactions issued by nonresident with tenor up to 1 year

2332

Promissory Notes (PNs/Promes) securities transactions issued by nonresident with tenor up to 1 year

2333

Other short terms securities transactions issued by nonresident with tenor up to 1 year

2341

Stocks securities transactions issued by resident

2342

Other equity securities transactions such as warrant and right issued by resident

2351

Government bonds issued by resident with tenor more than 1 year

2352

Corporate bonds issued by resident with tenor more than 1 year

2353

Medium Term Notes (MTNs) securities transactions issued by resident with tenor more than 1 year

2354

Other long terms securities transactions issued by resident with tenor more than 1 year

2361

Sertifikat Bank Indonesia (SBI) and Sertifikat Wadiah Bank Indonesia (SWBI) securities transactions issued by resident with tenor up to 1 year

2362

Surat Perbendaharaan Negara (SPN) securities transactions issued by resident with tenor up to 1 year

2363

Promissory Notes (PNs/Promes) securities transactions issued by resident with tenor up to 1 year

2364

Negotiable Certificate of Deposit (NCD) securities transactions issued by resident with tenor up to 1 year

2365

Other short terms securities transactions issued by resident with tenor up to 1 year

2366

Bank Indonesia deposit certificate securities transactions issued by resident with tenor up to 1 year

2371

Mutual funds (Reksadana)

2372

Traded mutual funds (Reksadana)

2375

Sale of securities transactions issued by resident with Repurchase Agreement (Repo) by the owner with tenor up to 1 year

2376

Sale of securities transactions issued by resident with Repurchase Agreement (Repo) by the owner with tenor more than 1 year

2377

Resale of securities transactions issued by resident with Repurchase Agreement (Repo) by the buyer with tenor up to 1 year

2378

Resale of securities transactions issued by resident with Repurchase Agreement (Repo) by the buyer with tenor more than 1 year

2379

Repurchase of securities transactions issued by resident with Repurchase Agreement (Repo) by the owner with tenor up to 1 year

2380

Repurchase of securities transactions issued by resident with Repurchase Agreement (Repo) by the owner with tenor more than 1 year

2381

Purchase of securities transactions issued by resident with Repurchase Agreement (Repo) with tenor up to 1 year

2382

Purchase of securities transactions issued by resident with Repurchase Agreement (Repo) with tenor more than 1 year

2383

Factoring with bank in Indonesia with tenor up to 1 year

2384

Factoring with bank in Indonesia with tenor more than 1 year

2385

Factoring with corporate in Indonesia with tenor up to 1 year

2386

Factoring with corporate in Indonesia with tenor more than 1 year

2387

Factoring with bank abroad with tenor up to 1 year

2388

Factoring with bank abroad with tenor more than 1 year

2389

Factoring with corporate abroad with tenor up to 1 year

2390

Factoring with corporate abroad with tenor more than 1 year

2391

Payment by cash provider in gold swap transactions with duration of agreement up to 1 year

2392

Payment by cash provider in gold swap transactions with duration of agreement more than 1 year

2393

Refund by the gold owner in gold swap transactions with duration of agreement up to 1 year

2394

Refund by the gold owner in gold swap transactions with duration of agreement more than 1 year

2395

Fund received by cash provider in gold swap transactions with duration of agreement up to 1 year

2396

Fund received by cash provider in gold swap transactions with duration of agreement more than 1 year

2397

Fund received by gold owner in gold swap transactions with duration of agreement up to 1 year

2398

Fund received by gold owner in gold swap transactions with duration of agreement more than 1 year

2400

Goods processing services

2405

Goods maintenance and repair services

2411

Passenger transportation services - by sea

2412

Passenger transportation services - by air

2413

Passenger transportation services - other than by sea or by air

2421

Export and import freight transportation services - by sea

2422

Export and import freight transportation services - by air

2423

Export and import freight transportation services - other than by sea or by air

2431

Freight transportation services non export and import - by sea

2432

Freight transportation services non export and import - by air

2433

Freight transportation services non export and import - other than by sea or by air

2441

Auxiliary transportation services - by sea

2442

Auxiliary transportation services - by air

2443

Auxiliary transportation services - other than by sea or by air

2450

Postal and courier

2461

Business travel

2462

Personal travel

2466

Health services in Indonesia

2467

Health services abroad

2468

Education/training services in Indonesia

2469

Education/training services abroad

2480

Telecommunication services

2490

Computer services

2495

Information services

2501

Construction services in Indonesia up to 1 year

2502

Construction services in Indonesia more than 1 year

2511

Construction services abroad up to 1 year

2512

Construction services abroad more than 1 year

2521

Direct life insurance premium

2522

Direct life insurance benefit

2523

Direct freight insurance premium

2524

Direct freight insurance claim

2525

Other direct insurance premium

2526

Other direct insurance claim

2531

Reinsurance premium

2532

Reinsurance claim

2533

Reinsurance commission

2541

Auxiliary insurance services

2546

Pension fund contribution

2547

Pension fund benefit

2365

Other short terms securities transactions issued by resident with tenor up to 1 year

2366

Bank Indonesia deposit certificate securities transactions issued by resident with tenor up to 1 year

2371

Mutual funds (Reksadana)

2372

Traded mutual funds (Reksadana)

2375

Sale of securities transactions issued by resident with Repurchase Agreement (Repo) by the owner with tenor up to 1 year

2376

Sale of securities transactions issued by resident with Repurchase Agreement (Repo) by the owner with tenor more than 1 year

2377

Resale of securities transactions issued by resident with Repurchase Agreement (Repo) by the buyer with tenor up to 1 year

2378

Resale of securities transactions issued by resident with Repurchase Agreement (Repo) by the

2379

Repurchase of securities transactions issued by resident with Repurchase Agreement (Repo) by the owner with tenor up to 1 year

2380

Repurchase of securities transactions issued by resident with Repurchase Agreement (Repo) by the owner with tenor more than 1 year

2381

Purchase of securities transactions issued by resident with Repurchase Agreement (Repo) with tenor up to 1 year

2382

Purchase of securities transactions issued by resident with Repurchase Agreement (Repo) with tenor more than 1 year

2383

Factoring with bank in Indonesia with tenor up to 1 year

2384

Factoring with bank in Indonesia with tenor more than 1 year

2385

Factoring with corporate in Indonesia with tenor up to 1 year

2386

Factoring with corporate in Indonesia with tenor more than 1 year

2387

Factoring with bank abroad with tenor up to 1 year

2388

Factoring with bank abroad with tenor more than 1 year

2389

Factoring with corporate abroad with tenor up to 1 year

2390

Factoring with corporate abroad with tenor more than 1 year

2391

Payment by cash provider in gold swap transactions with duration of agreement up to 1 year

2392

Payment by cash provider in gold swap transactions with duration of agreement more than 1 year

2393

Refund by the gold owner in gold swap transactions with duration of agreement up to 1 year

2394

Refund by the gold owner in gold swap transactions with duration of agreement more than 1 year

2395

Fund received by cash provider in gold swap transactions with duration of agreement up to 1 year

2396

Fund received by cash provider in gold swap transactions with duration of agreement more than 1 year

2397

Fund received by gold owner in gold swap transactions with duration of agreement up to 1 year

2398

Fund received by gold owner in gold swap transactions with duration of agreement more than 1 year

2400

Goods processing services

2405

Goods maintenance and repair services

2411

Passenger transportation services - by sea

2412

Passenger transportation services - by air

2413

Passenger transportation services - other than by sea or by air

2421

Export and import freight transportation services - by sea

2422

Export and import freight transportation services - by air

2423

Export and import freight transportation services - other than by sea or by air

2431

Freight transportation services non export and import - by sea

2432

Freight transportation services non export and import - by air

2433

Freight transportation services non export and import - other than by sea or by air

2441

Auxiliary transportation services - by sea

2442

Auxiliary transportation services - by air

2443

Auxiliary transportation services - other than by sea or by air

2450

Postal and courier

2461

Business travel

2462

Personal travel

2466

Health services in Indonesia

2467

Health services abroad

2468

Education/training services in Indonesia

2469

Education/training services abroad

2480

Telecommunication services

2490

Computer services

2495

Information services

2501

Construction services in Indonesia up to 1 year

2502

Construction services in Indonesia more than 1 year

2511

Construction services abroad up to 1 year

2512

Construction services abroad more than 1 year

2521

Direct life insurance premium

2522

Direct life insurance benefit

2523

Direct freight insurance premium

2524

Direct freight insurance claim

2525

Other direct insurance premium

2526

Other direct insurance claim

2531

Reinsurance premium

2532

Reinsurance claim

2533

Reinsurance commission

2541

Auxiliary insurance services

2546

Pension fund contribution

2547

Pension fund benefit

2481

Recycling services of material resources belonging to other parties

2041

Services in repair and maintenance

2303

Card payments and international payment system transfers

2305

Payments for traveler's checks

2307

Private transfers between residents or between non-residents

2311

Business travel

2315

Personal travel

2343

Sale or purchase of cash currency with individuals

2373

Payment for construction services

2375

Financing of construction works

2421

Insurance premiums under insurance contracts

2423

Insurance premiums under reinsurance contracts

2429

Insurance indemnity under insurance contracts

2431

Insurance indemnity under reinsurance contracts

2433

Auxiliary insurance services

2443

Financial services

2445

Guarantee providing fees

2475

Fee for using intellectual property

2351

Telecommunication services

2353

Computer services

2355

Information services

2489

Research and development

2485

Legal, consulting, audit services

2487

Advertising, marketing

2493

Architectural, engineering, and other technical services

2501

Waste recycling, services in agriculture

2483

Operational leasing

2503

Trading intermediary

2497

Other commercial services - other

2505

Audiovisual and related services

2507

Other services for individuals and services in the field of culture and recreation

2471

Services of permanent missions

2473

Services of other representative offices (except official ones)

2591

Government services

2133

Sea passenger transport

2135

Sea freight

2137

Other sea transport

2153

Air passenger transport

2155

Air freight transport

2157

Other air transport

2173

Automobile passenger transport

2175

Automobile freight transport

2177

Other automobile transport

2193

River passenger transport

2195

River freight transport

2197

Other river transport

2223

Passenger railway transport

2225

Freight railway transport

2227

Railway transport - other

2247

Pipeline transport

2249

Other auxiliary transport services

2251

Postal services and courier services

2253

Electricity transmission services

2611

Salary

2623

Income from equity investment (direct investment)

2625

Loans interest from a direct investor

2627

Other income from direct investment

2645

Income from equity securities (portfolio investments)

2651

Interest on debt - general government sector

2653

Interest on debt - banking sector

2655

Interest on debt - other sector

2663

Interest on long-term loans - sector of general goverment

2665

Interest on long-term loans - banking sector

2667

Interest on long-term non-guaranteed loans - other sectors

2670

Interest on long-term guaranteed loans - other sectors

2673

Other income from other investments - banking sector

2675

Other income from other investments - other sectors

2853

Current transfers - general government sector

2863

Money remittances of workers who work abroad

2867

Other private transfers between a resident and a non-resident

2869

Social benefits

2871

Current transfers from other sectors - other

3433

State transfers for investment purposes

3434

Other capital transfers - general government sector

3461

Transfers to investment purposes of other sectors

3462

Money transfers of migrants

3591

Purchase/sale of land by foreign representative offices

3592

Purchase / sale of intangible assets

3593

Land rent

4122

Transfer of funds to a direct investment enterprise (assets)

4132

Investments in real estate (assets)

4162

Direct investor loans - claims for non-residents (assets)

4163

Direct Iinvestor loans - obligations to non-residents (assets)

4172

Other capital in the form of direct investment (assets)

4221

Depositing funds into a direct investment enterprise (liabilities)

4231

Investment in real estate (liabilities)

4261

Direct investor loans - obligations to non-residents (liabilities)

4262

Direct investor loans - claims for non-residents (liabilities)

4271

Other capital in the form of direct investment (liabilities)

5022

Securities representing the right to participate in capital (assets)

5026

Investment certificates (assets)

5042

Long-term and permanent debt securities (assets)

5044

Short-term debt securities (assets)

5021

Shares and other documents certifying the right to participate in equity (liabilities)

5025

Investment certificates (liabilities)

6047

Overnight loans (liabilities)

6145

Short-term loans - general goverment sector (liabilities)

6245

Short-term loans - banking sector (liabilities)

6345

Short-term loans - other sectors (liabilities)

6063

Long-term bank deposits (liabilities)

6065

Short-term bank deposits (liabilities)

6067

Overnight deposits (liabilities)

6077

Funds in settlement and monetary coverage (liabilities)

6079

Deposits of individuals and legal entities-non-residents (liabilities)

6023

Other long-term liabilities

6025

Other short-term liabilities

7012

Monetary gold (reserve assets)

7022

Special drawing rights (reserve assets)

7032

Reserve position in the IMF

7042

Foreign currency (reserve assets)

7054

Other requirements (reserve assets)

8272

Cash flow on accounts until clarification

8273

Unclaimed payments up to 10,000 USD

8282

Coverage of transfers from international payment systems

8336

Purchase (sale) of foreign currency for a national currency between resident and non-resident legal entities

8441

Receipt (transfer) of transit funds to nostro accounts

8442

Cash flow between correspondent accounts of one Ukrainian bank

8443

Purchase (sale) and conversion of cashless funds between residents

8444

Other non-cash settlements between residents

8445

Purchase (sale) of cash foreign currency for non-cash transactions between resident legal entities

8446

Other neutral operations of residents with cash

8466

Cash flow between accounts of legal entities - residents in Ukrainian banks and their accounts abroad

8422

Non-resident investment accounts

8424

Settlements between non-residents

8425

Import (export) of cash foreign currency from abroad for the NBU

8426

Conversion of foreign currency between a resident and a non-resident

8427

Neutral transactions with cash non-residents

8428

Depositing (withdrawal) cash on transfers of intemational money transfer systems

8430

Other neutral operations involving non-residents

9112

Nostro and cash accounts - balance at the end of the period

9222

Loro accounts - balance at the end of the period

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