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 |