Philippines purpose of payment guide


Receipts for services related to the production of motion pictures, radio and television programs, and musical recordingsThe Bangko Sentral ng Pilipinas (BSP) has implemented the International Transaction Reporting System for Banks (ITRS) to enhance the monitoring and reporting of foreign currency domestic and cross-border wire transfers. As part of this system, all such transactions must include a corresponding payment purpose code.

The BSP periodically updates and issues payment purpose codes to align with the reporting requirements of the ITRS. These codes are used to identify the purpose or nature of the wire transfer, such as trade-related transactions, investments, remittances, loans, or other specific purposes.

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.

Note: Inward remittance means receipt of funds acquired either locally or from offshore locations (or accounts), while outward remittance refers to funds that are transferred to recipient(s) located within the country or internationally.

Code

Description

Inward Remittance

Export of Goods

0210000001

Bills purchased

0210000002

Bills collected

0210000003

Adjustment - increase

0210000004

Adjustment - decrease

0210000005

Refund and/or cancellation of export receipts

0210000006

Sales under constructive exports

0210000007

Purchase of goods abroad under merchanting

0210000008

Resale of goods abroad under merchanting

0210000009

Sale of goods via e-commerce

0210000010

Goods procured in ports

Payment of Services

0510100001

Receipt from nonresidents for manufacturing services on physical inputs owned by others as receipts

0510200001

Receipts from nonresidents for maintenance and repair of goods

0510200002

Receipts from nonresidents for maintenance and repair on ships, aircrafts and other transport equipment

0510301001

Receipts of local sea carriers for international transport of nonresident passengers

0510301002

Receipts of local sea carriers from nonresidents for freight on merchandise exports/imports

0510301003

Receipts from nonresidents for other supporting and auxiliary transport services incurred in ports

0510302001

Receipts of local airline companies for international transport of nonresident passengers

0510302002

Receipts of local airline company from nonresidents for freight on merchandise exports/ imports

0510302003

Receipts form nonresidents for other supporting and auxiliary services in airport and terminal facilities

0510303000

Receipt from nonresidents for postal and courier services

0510401000

Receipt from nonresidents for business travel

0510402001

Receipt from nonresidents for health-related

0510402002

Receipt from nonresidents for education-related

0510402003

Proceeds of nonresident's use of credit and debit cards in the Philippines

0510402004

Receipts from nonresidents traveling for holidays, recreational and cultural activities, visits to friends and relations and pilgrimages in the Philippines

0510402005

Fares for cruises received by resident operator from nonresident passenger

0510402006

Over-the-counter conversion of foreign currencies to pesos by nonresident tourists and Filipino migrants

0510402007

Over-the-counter conversion for pesos unused foreign currencies by resident tourists

0510500001

Receipts from nonresidents for construction services abroad

0510500002

Receipts from nonresidents for construction services in the Philippines

0510600001

Premium received by resident insurances companies for providing life insurance and annuities, and nonlife insurance to nonresidents (includes freight insurance)

0510600002

Premium received by resident insurance companies from nonresident insurance companies for reinsurance services

0510600003

Receipts by resident agents, consultants, brokers, etc. for auxiliary insurance services from nonresident insurance companies

0510600004

Contributions and fees received by resident providers of pension and standardized guarantee schemes from nonresidents

0510700000

Receipt from nonresidents for financial services

0510800001

Fees, commissions or royalties received by residents for the use of proprietary rights

0510800002

Fees and charges received by residents for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes

0510900000

Receipt from nonresidents for telecommunication services

0511000001

Receipts of resident BPO -Software development companies from nonresidents

0511000002

Receipts from other nonresidents for hardware- and software-related services and data-processing services

0511100001

Receipts from nonresidents for news agency services

0511100002

Receipts from nonresidents for database services, including web search portals

0511100003

Receipts from nonresidents for direct non-bulk subscriptions to newspapers and periodicals

0511200000

Receipt from nonresidents for research and development services

0511300001

Receipts from nonresidents for legal services, accounting, auditing, bookkeeping and tax consulting services

0511300002

Receipts from nonresidents for business and management consulting and public relations services

0511300003

Receipts from nonresidents for advertising, market research and public opinion polling services

0511300004

Receipts of resident BPO - Animation companies from nonresidents

0511300005

Receipts of resident BPO companies providing transcription services to nonresident companies

0511300006

Receipts of resident BPO - Contact center companies from nonresidents

0511300007

Receipts of resident BPO companies providing backroom operations, shared financial and accounting services,outsourcing for research and public opinion polling, etc. services

0511300008

Receipts from nonresidents for other professional and management consulting services not provided by BPOs

0511400001

Receipts from nonresidents for architectural, engineering, and other technical services

0511400002

Receipts from nonresidents for waste treatment and depollution, agricultural, and mining services

0511400003

Receipts from nonresidents for operating leasing services

0511400004

Receipts from nonresidents for trade related services

0511400005

Receipt from nonresidents for other business services

0511500001

Receipts for services related to the production of motion pictures, radio and television programs, and musical recordings

0511500002

Receipts for downloaded mass-produced recordings and manuscripts

0511500003

Receipts for access to encrypted television channels

0511500004

Talent fees of local entertainers involved with theatrical and musical productions, sporting events, circuses, and other similar events

0511600001

Receipts from nonresidents for health services provided by resident hospitals, doctors, nurses, and paramedical and similar personnel, as well as laboratory and similar services, whether rendered remotely or on-site

0511600002

Receipts from nonresident for education services such as correspondence courses and education via television or the internet, as well as by teachers and so forth who supply services directly in host economies

0511600003

Receipts from nonresidents for heritage, recreational and other personal services

0511700001

Receipts from nonresidents fees for visas and other services provided by Philippine Embassy and consulates and other government agencies

0511700002

Receipts from foreign embassies, consulates, military units, international organizations and other official entities for the purchase of goods and services, such as office supplies, vehicles, repairs, electricity, and rental of premises in the Philippines

0511700003

Receipts from goods and services acquired from the Philippines by diplomats, consular staff, and military personnel located abroad and their dependents

Personal Remittances

0610000001

Compensation earned and remitted by land-based overseas Filipino workers

0610000002

Compensation earned and remitted by sea-based overseas Filipino workers

0610000003

Compensation received by local staff working for a foreign embassy, foreign military establishment, or an international institutions operating in the Philippines

0610000004

Compensation received by local staff working for nonresident institutional units operating in the Philippines

0610000005

Personal transfers by Filipino migrants who are employed in and considered residents of another country to resident household in the Philippines

0610000006

Capital transfers by migrant Filipinos abroad to resident households in the Philippines

0610000007

MTO remittance pre-funding

Investment and Other Primary Income

0710100001

Dividends and withdrawals from income of quasi-corporations received by a resident direct investor from its nonresident direct investment enterprise (investee) abroad

0710100002

Dividends and withdrawals from income of quasi-corporations received by a resident direct investment enterprise from its nonresident direct investor abroad (reverse investment)

0710100003

Dividends and withdrawals from income of quasi-corporations received by a resident fellow enterprise from its investment in nonresident fellow enterprise abroad

0710100004

Dividends received by a resident owners of investment fund shares (or units) issued by a nonresident

0710100006

Interest received by a resident direct investor from loans granted to nonresident direct investment enterprises (investee) abroad

0710100007

Interest received by a resident direct investment enterprises (investee) from loans granted to nonresident direct investor abroad

0710100008

Interest received by a fellow enterprise from loans granted to nonresident fellow enterprise abroad

0710100009

Gain realized on revaluation adjustments of direct investments

0710200001

Dividends received by a resident investor from equity securities issued by a nonresident

0710200002

Dividends received by a resident investor from investment fund shares/units issued by a nonresident

0710200003

Interest income received by a resident investor from long-term debt securities issued by a nonresident

0710200004

Interest income received by a resident investor from short-term debt securities issued by a nonresident

0710200009

Gain realized on revaluation adjustments of portfolio investments

0710300001

Resident's withdrawals from income of quasi-corporations

0710300002

Resident's receipts of Investment income attributable to policyholders in insurance, standardized guarantees, and pension funds from nonresidents

0710300003

Interest income received by a resident on deposits/placements held abroad

0710300004

Interest Income received by a resident on loans and receivables granted to nonresidents

0710300009

Gain realized on revaluation adjustments of other investments

0710400001

Rental on land areas and other natural resources received by a resident from nonresidents

0710400002

Taxes on products and production collected by Philippine government from nonresidents

Secondary Income

0810101001

Taxes on income, wealth, and other taxes including fines, penalties, fees, legal claims/settlements

0810101002

Social Contributions (SSS & PAG-IBIG contributions) remitted by nonresident Filipinos (migrants)

0810101003

Donations/aids for technical assistance from foreign governments and international organizations, to finance current expenditures , including emergency aid after natural disasters

0810101004

Donations from nonresident non-profit Institutions serving households (NPISHs), entities and individuals as emergency aid after natural disasters

0810101007

Receipt of returned/unclaimed SSS & GSIS pension benefits paid to nonresident Filipinos (migrants)

0810101008

Miscellaneous current transfers received by Philippine government

0810102001

Gifts and donations received by resident individuals from nonresidents (not OF migrant workers)

0810102002

Social contributions to resident private pension schemes paid by nonresident individuals or institutions

0810102003

Pensions received from US Veterans Affairs

0810102004

Other social security and pension benefits received by resident households from nonresidents under social security and pension schemes

0810102005

Nonlife insurance premiums to cover fire, floods, crashes, collisions, sinkings, theft, violence, accidents sickness, etc. from nonresidents

0810102006

Nonlife insurance claims and calls under standardized guarantees received by resident individuals or insurance companies

0810102007

Gifts and donations from international organizations and other government institutions

0810102008

Scholarships for education received by residents studying in the Philippines from foreign scholarship foundations, education institutions, etc.

0810102009

Membership dues, subscriptions, donations, etc., received by resident NPISHs from nonresidents institutional units

0810101011

Receipt of returned unclaimed private social (pension) benefits paid to nonresidents

0810201001

Investment grants by foreign governments and international organizations for local government to finance all or part of the costs of their acquiring fixed assets (include also technical assistance

e.g., consulting related to the of the costs of their acquiring fixed assets (include also technical assistance e.g., consulting related to the investment project)

0810201002

Receipts from sale or long-term (financial) lease of land to international organizations and foreign governments for purposes of extending their enclaves, diplomatic missions, or military bases

0810201003

Capital taxes received by local government on the values of the assets or net worth of institutional units, or on the values of assets transferred between institutional units as a result of legacies, gifts, or other capital transfers

0810201004

Major compensation receipts for extensive damages (e.g., oil spillages, mining damages)

0810202001

Receipts from sale of intangible assets covering contracts, leases, and licenses, e.g.., time-share arrangement that involves a transferable right to use, permissions to use natural resources that are not recorded as outright ownership of those resources

0810202002

Exceptionally large donations, gifts to non profit institutions to finance gross fixed capital formation, such as gifts to universities to cover the costs of building new residential colleges, libraries, and laboratories

0810202003

Penalties received for non compliance in trade agreement

0810202005

Receipts from sale of marketing assets e.g. brand names, mastheads, trademarks, logos and internet names

0810202006

Capital transfer from non resident individual to resident individual

Direct Investments

0910100001

Proceeds from nonresidents capital infusion/equity investment of 10% or more of the total shares of stock (common/participating preferred) or quasi-corporation in the Philippines

0910100002

Proceeds of nonresident direct investment enterprise's (investee's) capital infusion/equity investment of less than 10% in its resident parent company (direct investor) in the Philippines (reverse investment)

0910100003

Proceeds from equity investments of a nonresident fellow enterprise (FE) abroad or company located abroad in a resident fellow enterprise in the Philippines

0910100004

Proceeds from investment (holdings of 10% or more) of a nonresident investor in an investment fund shares or units in the Philippines (includes UITF, REITF, mutual funds)

0910100005

Proceeds of loans and advances granted by nonresident parent company (direct investor) to its resident direct investment enterprise (investee)

0910100006

Proceeds of loans and advances granted by nonresident fellow enterprise to its resident fellow enterprise

0910100007

Proceeds of loans and advances granted by nonresident direct investment enterprise (investee) to its resident parent company (direct investor)

0910100009

Receipt of pass-through funds or funds in transit from a nonresident affiliate for transfer to another nonresident affiliate in another country

0910100010

Receipts by resident direct investment enterprise (investee) of funds for operating expenses from its nonresident parent company (direct investor)

0910100011

Proceeds from Investment in condominiums/buildings and vacation homes including major renovations and repairs in the Philippines by nonresidents

0910200001

Proceeds from withdrawal of resident’s equity investment of 10% or more of the voting stock (common or participating preferred stock) or quasi-corporation abroad

0910200002

Receipt of capital repatriated by nonresident investor (parent company) to resident investee in the Philippines

0910200003

Receipt of capital repatriated by a nonresident fellow enterprise to a resident fellow enterprise in the Philippines

0910200004

Proceeds from withdrawal of investment (holdings of 10% or more) of a resident investor in an investment fund shares or units abroad (includes UITF, REITF, mutual funds)

0910200005

Settlement of loans and advances of a nonresident investee to its resident parent company (direct investor)

0910200006

Settlement of loans and advances of a nonresident fellow enterprise to its resident fellow enterprise

0910200007

Settlement of loans and advances of a nonresident parent company (direct investor) to its resident direct investment enterprise (investee)

0910200009

Receipt of pass-through funds from a nonresident affiliate for transfer to another nonresident affiliate in another country

0910200010

Receipt of excess funds (operating expenses) by resident parent company (direct investor) from its nonresident direct investment enterprise (investee)

0910200011

Receipt of proceeds from sale of resident's real estate properties (e.g. investment in condominiums/buildings and vacation homes) located abroad

Portfolio Investments

1010101000

Residents' sale of equity securities (holdings of less than 10% of total shares) issued by residents to nonresidents

1010102001

Residents' sale of Money Market Fund (MMF) shares/units issued by residents to nonresidents

1010102002

Residents' sale of other investment fund shares/units issued by residents to nonresidents

1010103001

Residents' sale of long-term debt securities issued by residents to nonresidents

1010103002

Residents' sale of short-term debt securities to nonresidents

1010201000

Residents' withdrawal of equity securities (holdings of less than 10% of total shares) issued by nonresidents

1010202001

Residents' withdrawal of Money Market Fund shares/units issued by nonresidents

1010202002

Residents' withdrawal of other investment fund shares/units issued by nonresidents

1010203001

Residents' withdrawal of long-term debt securities issued by nonresidents

1010203002

Residents' withdrawal of short-term debt securities issued by nonresidents

1010300000

Reversal of loan loss provision - portfolio investments

Spot, Financial Derivatives, and Employee Stock Options

1110100001

Gain from settlement of spot transaction

1110200001

Gain from settlement of interest rate forwards

1110200002

Gain from settlement of forward foreign exchange contracts

1110200003

Gain from settlement of forward equity contract

1110200004

Gain from settlement of bond forward

Gain from settlement of bond forward

Gain from settlement of interest rate swap

1110300002

Gain from settlement of currency swap

1110300003

Gain from settlement of equity swap

1110300004

Gain from settlement of cross currency interest rate swap

1110400001

Gain from settlement of interest rate options contracts

1110400002

Gain from exercise of foreign exchange options contracts

1110400003

Gain from exercise of equity options contracts

1110400004

Premium received on sale of call/put options contracts

1110400005

Premiums received under credit derivatives

1110400006

Gain from settlement of bond options

1110500001

Gain from settlement of interest rate futures

1110500002

Gain from settlement of foreign exchange futures

1110500003

Gain from settlement of equity contract futures

1110500004

Receipts of nonrepayable margin deposits on futures contracts

1110500005

Gain from settlement of bond futures

1110600001

Gain in settlement of structured products

1110700001

Gain from settlement of employee stock options

Loans

1310000001

Loan availment by resident from nonresident

1310000002

Loan repayment of nonresident to resident

1310000003

Reversal of loan loss provision - loans

Other Foreign Investments (Other Than Loans)

1410100001

Proceeds from nonresident’s equity investment in quasi-corporation(if the share of voting power is less than 10 percent) in the Philippines

1410100002

Resident's withdrawal of funds realized by the sale or disposal of the quasi-corporation’s assets abroad

1410200001

Withdrawal of peso time deposits with an AAB with a maturity of at least ninety (90) days

1410200002

Cash withdrawal/debit to nonresident's accounts

1410200003

Debit to reporting bank's nostro account abroad

1410200004

Debit to nonresident bank's account maintained with the reporting bank as working funds denominated in local currency

1410300000

Set-up of accounts receivable/collection of accounts payable

1410400000

Foreign currency notes and coins/checks/other cash items received over-the-counter

1410500000

Pass-through funds received by resident banks

1410600000

Accrued interest receivable/reversal of accrued interest expense

Other Foreign Exchange Receipts/Payments with Resident Non-Banks

1510000001

Withdrawal/debit from resident forex corporations' FCDU accounts from other banks

1510000002

Withdrawal/debit from resident FX dealers/money changers' FCDU accounts

1510000003

Withdrawal/debit from OBUs' FCDU accounts

1510000004

Withdrawal/debit from other residents's (excluding forex corporations, FX dealers/money changers and OBUs) FCDU accounts

1510000005

Investment in Unit Investment Trust Fund (UITF) & Exchange Traded Fund (ETF), equity and other debt securities

1510000006

Acquisition from self-funded imports including application of proceeds of FCDU loans

1510000007

Foreign currency loans granted to resident non-banks (principal)

1510000008

Resident's sale of Philippine issued foreign currency denominated securities to a resident non-bank

1510000009

Gain realized on sale of securities to resident non-banks

1510000010

Interest income; dividend income; commission income; and gains on financial instruments (assets); fees and charges received from residents

1510000011

Acquisition from self-funded payment of non-trade accounts

1510000012

Conversion for pesos of proceeds from FCDU loans and deposit withdrawals

1510000013

Over-the-counter conversion for pesos of foreign currencies from residents

1510000014

Proceeds from Exports to residents paid for in foreign currency (constructive exports)

1510000015

Gain on revaluation adjustment on transactions with residents

1510000016

Gains from settlement of financial derivatives, premiums received from options contracts and receipt of nonrepayable margin deposits on futures contracts

1510000017

Receipt of pass-through funds from another bank

1510000018

Set-up of accounts receivable/collection of accounts payable from residents

1510000019

FX proceeds of loans credited to FCDU account

1510000020

Investment in securities under repurchase agreement

1510000021

Accrued interest receivable/reversal of accrued interest expense-resident

1510000023

Due from FCDU/RBU - Clearing accounts and other transactions between the FCDU/RBU

1510000024

Residents' withdrawal of foreign currency denominated securities issued by resident non-banks

1510000025

Reversal of loan loss provision - others

Outward Remittance

Import Letters of Credit (L/Cs) Opened and DA - OA

Import Availments and Extensions

0320000001

Import Letters of Credit (L/Cs) Opened and DA - OA Import Availments and Extensions

Import of Goods

0420000001

Import payment

0420000002

Adjustment - increase

0420000003

Adjustment - decrease

0420000004

Refund of import advances/down payments

0420000005

Advance payment of imports

0420000006

Purchase of goods via e-commerce

Payment of Services

0520100001

Payments to nonresidents for manufacturing services on physical inputs owned by others as receipts

0520200001

Payments to nonresidents for maintenance and repair of goods

0520200002

Payments to nonresidents for maintenance and repair on ships, aircrafts, and other transport equipment

0520301001

Payment to nonresident sea carriers by resident passenger

0520301002

Payments to nonresident sea carriers for freight on merchandise imports/exports

0520301003

Payment to nonresidents for other supporting and auxiliary services in sea ports and other sea terminal facilities

0520302001

Payments to nonresident airline companies by resident passengers

0520302002

Payments to nonresident airline companies for freight on merchandise exports or imports

0520302003

Payments ton nonresidents for other supporting and auxiliary services in airport and terminal facilities

0520303000

Payments to nonresidents for postal and courier services

0520401000

Payments to nonresidents for business travel

0520402001

Payments to nonresidents for health-related

0520402002

Payments to nonresidents for education-related

0520402003

Payment for resident's use of credit and debit cards abroad

0520402004

Payments of residents traveling for holidays, recreational and cultural activities, visits to friends and relations, and pilgrimages abroad

0520402005

Fares for cruises paid by resident passengers to nonresident operator

0520402006

Over-the-counter purchase of foreign currencies by residents for foreign travel purposes

0520402007

Over-the-counter reconversion of unused pesos to foreign currencies from nonresident tourists and balikbayans

0520500001

Payments to nonresidents for construction services abroad

0520500002

Payments to nonresidents for construction services in the Philippines

0520600001

Premiums paid by resident insurances companies providing life insurance and annuities, and nonlife insurance to nonresidents (includes freight insurance)

0520600002

Payments by resident insurance companies to nonresident insurance companies for reinsurance services

0520600003

Payments to nonresident agents, consultants, brokers, etc. for auxiliary insurance services

0520600004

Contributions and fees paid to nonresident providers of pension and standardized guarantee schemes

0520700000

Payments to nonresidents for financial services

0520800001

Fees, commissions, or royalties paid to nonresidents for the use of proprietary rights

0520800002

Fees and charges paid to nonresidents for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes

0520900000

Payments to nonresidents for telecommunication services

0521000001

Payments to nonresident BPO -Software development companies

0521000002

Payments to other nonresidents for hardware- and software-related services and data-processing services

0521100001

Payments to nonresidents for news agency services

0521100002

Payments to nonresidents database services, including web search portals

0521100003

Payments to nonresidents for direct non-bulk subscriptions to newspapers and periodicals

0521200000

Payments to nonresidents for research and development services

0521300001

Payments to nonresidents for legal services, accounting, auditing, bookkeeping, and tax consulting services

0521300002

Payment to nonresidents for business and management consulting and public relations services

0521300003

Payments to nonresidents for advertising, market research, and public opinion polling services

0521300004

Payments to nonresident BPO - Animation companies

0521300005

Payments to nonresident BPO companies providing transcription companies

0521300006

Payments to nonresident BPO - Contact center companies

0521300007

Payments to nonresident BPO companies providing backroom operations, shared financial and accounting services, outsourcing for research, and public opinion polling, etc. services

0521300008

Payments to nonresidents for other professional and management consulting services not provided by BPOs

0521400001

Payments to nonresidents for architectural, engineering, and other technical services

0521400002

Payments to nonresidents for waste treatment and depollution, agricultural, and mining services

0521400003

Payments to nonresidents for operating leasing services

0521400004

Payments to nonresidents for trade related services

0521400005

Payments to nonresidents for other business services

0521500001

Payments for services related to the production of motion pictures, radio and television programs, and musical

0521500002

Payments for downloaded mass-produced recordings and manuscripts

0521500003

Payments for access to encrypted television channels

0521500004

Payment for talent fees of foreign entertainers involved with theatrical and musical productions, sporting events, circuses, and other similar events

0521600001

Payments to nonresidents for health services provided by nonresident hospitals, doctors, nurses, and paramedical and similar personnel, as well as laboratory and similar services, whether rendered remotely or on-site

0521600002

Payments to nonresidents for education services such as correspondence courses and education via television or the internet, as well as by teachers and so forth who supply services directly in host economies

0521600003

Payments to nonresidents for heritage, cultural, and recreational services

0521700001

Payments by residents for fees for visas and other services provided by foreign embassy and consulates and other government agencies

0521700002

Payments to nonresidents for purchase of goods and services, such as office supplies, vehicles, repairs, electricity, and rental of premises, of Philippine embassy, consulates, military units, and other official entities abroad

0521700003

Payments for goods and services acquired abroad from the Philippines by Philippine diplomats, consular staff, and military personnel located abroad and their dependents.

Personal Remittances

0620000001

Compensation paid to a nonresidents working for a resident institutional unit operating in the Philippines

0620000003

Compensation paid to a foreign staff working for the Philippine embassy and similar institutions located abroad

0620000004

Compensation paid to a foreign staff working for Philippine institutional unit that have an activity abroad

0620000005

Personal transfers by resident aliens staying in the Philippines for 1 year or more, who are employed and considered residents of the Philippines to nonresident households

0620000006

Capital transfers by resident aliens in the Philippines to nonresident households abroad

Investment and Other Primary Income

0720100001

Dividends and withdrawals from income of quasi-corporations paid to nonresident direct investor by its resident direct investment enterprise (investee) located in the Philippines

0720100002

Dividends and withdrawals from income of quasi-corporations paid to nonresident direct investment enterprise (investee) by its resident direct investor (reverse investment)

0720100003

Dividend payment to nonresident fellow enterprises from its investment in resident fellow enterprises

0720100004

Dividend payment to nonresident owner of investment fund shares/units issued by a resident

0720100006

Interest payment by a resident direct investor on loans granted by nonresident direct investment enterprises (investee) abroad

0720100007

Interest payment by a resident direct investment enterprises (investee) on loans granted by nonresident direct investment investor

0720100008

Interest payment by a resident fellow enterprise on loans granted by nonresident fellow enterprise

0720100009

Loss incurred on revaluation adjustments of direct investments

0720200001

Dividends paid by a resident investee for equity securities issued to a nonresident

0720200002

Dividends paid by a resident investee for investment fund shares/units issued to a nonresident

0720200003

Interest income payment by a resident for long-term debt securities issued to a nonresident

0720200004

Interest income payment by a resident for short-term debt securities issued to a nonresident

0720200009

Loss incurred on revaluation adjustments of portfolio investments

0720300001

Nonresident's withdrawals from income of quasi-corporations in the Philippines

0720300002

Resident's payment of investment income attributable to policyholders in insurance, standardized guarantees, and pension funds to nonresidents

0720300003

Interest income payment by a resident on deposits/placements held in the Philippines by a nonresident

0720300004

Interest Income payment by a resident on loans and receivables granted by a nonresident

0720300009

Loss incurred on revaluation adjustments on other investments

0720400001

Rental on land areas and other natural resources paid by a resident to nonresidents

0720400002

Taxes on products and production paid by a resident to foreign government

Secondary Income

0820101003

Donations/aids for technical assistance to foreign governments to finance current expenditures, including emergency aid after natural disasters

0820101004

Donations to nonresident non-profit institutions serving households (NPISHs), entities and individuals as emergency aid after natural disasters

0820101005

Scholarships for education paid to foreign students studying abroad

0820101006

Contributions (membership fees) payable to international organizations

0820101007

SSS and GSIS social (pension), and Pag-ibig Fund provident benefits paid to nonresident Filipinos (migrants)

0820101008

Miscellaneous current transfers paid by Philippine government

0820102001

Gifts and donations given by resident individuals to nonresidents individuals (not OF migrant workers)

0820102002

Social contributions to nonresident pension schemes paid by resident individuals or institutions

0820102003

Returned US Veterans Affairs pension benefits

0820102004

Social security and pension benefits paid to nonresident households from residents under social security and pension schemes

0820102005

Nonlife insurance premiums to cover fire, floods, crashes, collisions, sinkings, theft, violence, accidents sickness, etc. to nonresident insurance companies

0820102006

Nonlife insurance claims and calls under standardized guarantees paid by resident individuals or insurance companies

0820102007

Gifts and donations remitted to international organizations and foreign government institutions

0820102008

Scholarships for education paid by residents to nonresidents studying abroad

0820102009

Membership dues, subscriptions, donations, etc., paid by resident NPISHs to nonresidents institutional units

0820102010

Taxes on incomes, capital gains, and financial transactions

0820102011

Return of unclaimed private social (pension) benefits to nonresidents

0820201001

Investment grants to foreign government and international organization to finance all or part of the costs of their acquiring fixed assets (include also technical assistance e.g., consulting related to the investment project)

0820201002

Payments to foreign governments for purchase or long-term financial lease of land purposes of extending diplomatic missions

0820201004

Payments to foreign governments for major compensation for extensive damages (e.g. oil spillages, mining damages)

0820202001

Payments to nonresidents for purchase of intangible assets covering contracts, leases, and licenses, e.g., time- share arrangement that involves a transferable right to use, permissions to use natural resources that are not recorded as outright ownership of those resources

0820202002

Exceptionally large donations, gifts to nonresident nonprofit institutions to finance gross fixed capital formation, such as gifts to universities to cover the costs of building new residential colleges, libraries, and laboratories

0820202003

Payments of penalties to nonresidents for non-compliance of trade agreements

0820202004

Capital taxes paid to foreign government on the values of the assets or net worth of institutional units, or on the values of assets transferred between institutional units as a result of legacies, gifts, or other capital transfers

0820202005

Payments to nonresidents for purchase of marketing assets, e.g., brand names, mastheads, trademarks, logos, and internet domain names

0820202006

Capital transfer from resident individual to non resident individual

Direct Investments

0920100001

Repatriation/withdrawal of nonresident’s equity investment of 10% or more of the total shares of stock (common or participating preferred) or quasi-corporation in the Philippines

0920100002

Repatriation/withdrawal of nonresident direct investment enterprise's capital infusion/equity investment of less than 10% from its resident parent company (direct investor) in the Philippines

0920100003

Repatriation/withdrawal of equity investment of a nonresident fellow enterprise (FE) abroad from a resident fellow enterprise in the Philippines

0920100004

Withdrawal of investment (holdings of 10% or more) of a nonresident investor from an investment fund shares or units in the Philippines (includes UITF, REITF, mutual funds)

0920100005

Settlement/repayment of loans and advances by resident direct investment enterprise (investee) to its nonresident parent company (direct investor)

0920100006

Settlement/repayment of loans and advances of resident fellow enterprise to its nonresident fellow enterprise

0920100007

Settlement/repayment of loans and advances of resident parent company (direct investor) to its nonresident direct investment enterprise (investee)

0920100009

Transfer of pass-through funds to another nonresident affiliate abroad

0920100010

Transfer of excess funds (operating expenses) by resident direct investment enterprise (investee) to its nonresident parent company (direct investor)

0920100011

Repatriation abroad of proceeds from sale of real estate properties located in the Philippines by nonresidents

0920100012

Payment to nonresident affiliates (including payment/treasury centers/hubs of a group of companies) for settlement of goods and services under intercompany netting arrangements (Annex Z)

0920200001

Residents' capital infusion/equity investment of 10% or more of the total shares of stock (common/participating preferred) or quasi-corporation abroad

0920200002

Resident direct investment enterprise's capital infusion/equity investment of less than 10% in its nonresident parent company (direct investor) abroad - reverse investment

0920200003

Equity investments of a resident fellow enterprise (FE) in a nonresident fellow enterprise abroad

0920200004

Investment (holdings of 10% or more) of a resident investor in an investment fund shares or units abroad (includes UITF, REITF, mutual funds)

0920200005

Loans and advances granted by resident parent company (direct investor) to its nonresident direct investment enterprise (investee) abroad

0920200006

Loans and advances granted by resident fellow enterprise to its nonresident fellow enterprise.

0920200007

Loans and advances granted by resident direct investment enterprise (investee) to its nonresident parent company (direct investor)

0920200009

Transfer of pass-through funds to another nonresident affiliate abroad

0920200010

Transfer of funds for operating expenses by resident parent company (direct investor) to its nonresident direct investment enterprise (investee)

0920200011

Purchase of real estate properties abroad by resident

0920200012

Payment to nonresident direct investment enterprise (investee) abroad (including payment/treasury centers/hubs of a group of companies) for settlement of goods and services under intercompany netting arrangements

Portfolio Investments

1020101000

Nonresidents' withdrawal of equity securities (holdings of less than 10% of total shares) issued by residents

1020102001

Nonresidents' withdrawal of Money Market Fund shares/units issued by residents

1020102002

Nonresidents' withdrawal of other investment fund shares/units issued by residents

1020103001

Nonresidents' withdrawal of long-term debt securities issued by residents

1020103002

Nonresidents' withdrawal of short-term debt securities issued by residents

1020201000

Residents' purchase of equity Securities (holdings of less than 10% of total shares issued by nonresidents

1020202001

Residents' purchase of Money Market Fund shares/units issued by nonresidents

1020202002

Residents' purchase of other investment fund shares/units issued by nonresidents

1020203001

Residents' puchase of long-term debt securities issued by nonresidents

1020203002

Residents' purchase of short-term debt securities issued by nonresidents

1020300000

Loan loss provision - portfolio investments

Spot, Financial Derivatives, and Employee Stock Options

1120100001

Realized loss from settlement of spot transaction

1120200001

Realized loss from settlement of interest rate forwards

1120200002

Realized loss from settlement of forward foreign exchange contracts

1120200003

Realized loss from settlement of forward equity contract

1120300001

Realized loss from settlement of interest rate swap

1120300002

Realized loss from settlement of currency swap

1120300003

Realized loss from settlement of equity swap

1120300004

Realized loss from settlement of cross currency interest rate swap

1120400001

Realized loss from settlement of interest rate options contracts

1120400002

Realized loss from exercise of foreign exchange options contracts

1120400003

Realized loss from exercise of equity options contracts

1120400004

Premium paid on sale of call/put options contracts

1120400005

Premiums paid under credit derivatives

1120400006

Realized loss from settlement of bond options

1120500001

Realized loss from of interest rate futures

1120500002

Realized loss from of foreign exchange futures

1120500003

Realized loss from of equity contract futures

1120500004

Payments of nonrepayable margin deposits on futures contracts

1120500005

Loss from settlement of bond futures

1120600001

Loss on settlement of structured products

1120700001

Realized loss from settlement of employee stock options

Details of Foreign Exchange Markets

1200000001

Spot transactions

1200000002

Outright forwards

1200000003

Foreign exchange swaps

1200000004

Currency swaps

1200000005

OTC options

1200000006

Other FX products

Loans

1320000001

Loan repayment of resident to nonresident

1320000002

Loan availment of nonresident from resident

1320000003

Loan loss provision - loans

Other Foreign Investments (Other Than Loans)

1420100001

Nonresident's withdrawal of funds realized by the sale or disposal of the quasi-corporation’s assets in the Philipppines

1420100002

Resident’s equity investment in a quasi-corporation (if the share of voting power is less than 10 percent) abroad

1420200001

Peso time deposits with maturity of at least ninety (90) days by nonresidents

1420200002

Cash deposits/credit to nonresidents' accounts

1420200003

Credit to reporting bank's nostro account abroad

1420200004

Credit to nonresident bank's account maintained with the reporting bank as working funds denominated in local currency

1420300000

Set-up of accounts payable/payment of accounts receivable

1420400000

Foreign currency notes and coins/checks/other cash items paid over-the-counter

1420500000

Pass-through funds returned by resident banks

1420500000

Accrued interest expense/reversal of accrued interest income

Other Foreign Exchange Receipts/Payments with Resident Non-Banks

1520000001

Deposit/credit to resident forex corporations' FCDU accounts

1520000002

Deposit/credit to resident FX dealers/money changers' FCDU accounts

1520000003

Deposit/credit to OBUs' FCDU accounts

1520000004

Deposit/credit to residents' FCDU account (excluding deposits of AAB-forex corp., FX dealer, money changers and OBUs)

1520000005

Withdrawal of residents' investment in UITF & ETF, equity and other debt securities

1520000006

Withdrawal from FCDU acct. for payment of import negotiated with/to be remitted by other banks

1520000007

Collection of foreign currency loans granted to resident non-banks (principal)

1520000008

Resident's purchase of Philippine issued foreign currency denominated securities from resident non-bank

1520000009

Loss on sale of securities to resident non-banks

1520000010

Interest expense; dividend income; commission income; losses on financial instruments (liabilities); fees and charges paid to residents

1520000011

Sale of FX for payment of import negotiated with/remitted by other banks

1520000012

Sale of FX to residents to settle FCDU loans (include interest, fees and bank charges)

1520000013

Over-the-counter conversion of pesos to foreign currencies from residents

1520000015

Loss on revaluation adjustment on transactions with residents

1520000016

Loss from settlement of financial derivatives, premiums paid on options contracts and payment of nonrepayable margin deposits on futures contracts

1520000017

Transfer of pass-through funds to another resident bank

1520000018

Set-up of accounts payable/payment of accounts receivable by residents

1520000019

Withdrawal from FCDU account to settle the loans granted by banks

1520000020

Purchase of securities under reverse repurchase agreement

1520000021

Accrued interest expense/reversal of accrued interest income-resident

1520000022

Issuance of treasurer/cashier/manager's checks

1520000023

Due to FCDU/RBU - clearing accounts and other transactions between the FCDU/RBU

1520000024

Residents' repayment of foreign currency denominated securities issued by resident non-banks

1520000025

Loan loss provision - others

1520100001

Sale of FX to residents for deposit to another residents' account for trade purposes

1520100002

Sale of FX to residents for deposit to another residents' account for payment of loan

1520100003

Sale of FX to residents for deposit to another residents' account for direct investment

1520100004

Sale of FX to residents for deposit to another residents' account for debt securities

1520100005

Sale of FX to residents for deposit to another residents' account for equity securities

1520100006

Sale of FX to residents for deposit to another residents' account for Mutual Funds/Unit Investment Trust Funds

1520100007

Sale of FX to residents for deposit to another residents' account for purchase of property

1520100008

Sale of FX to residents for deposit to another residents' account for investments in instruments issued by other residents

1520100009

Sale of FX to residents for deposit to another residents' account for investments in instruments held for sale/trading by banks operating in the Philippines

1520100010

Sale of FX to residents for deposit to another residents' account for settlement of transactions related to trading of foreign currency denominated investment instruments

1520100101

Sale of FX to residents for deposit to another residents' account for payment of Non-Merchandise Insurance

1520100102

Sale of FX to residents for deposit to another residents' account for payment of passenger tickets

1520100103

Sale of FX to residents for deposit to another residents' account for payment of travel expenses

1520100104

Sale of FX to residents for deposit to another residents' account for payment of commissions

1520100105

Sale of FX to residents for deposit to another residents' account for payment of professional/management fees

1520100106

Sale of FX to residents for deposit to another residents' account for payment of royalties

1520100107

Sale of FX to residents for deposit to another residents' account for payment of other services

1520200001

Sale of FX to residents for deposits to residents' own FCDU account for trade purposes

1520200002

Sale of FX to residents for deposits to residents' own FCDU account for direct investment

1520200003

Sale of FX to residents for deposits to residents' own FCDU account for debt securities

1520200004

Sale of FX to residents for deposits to residents' own FCDU account for equity securities

1520200005

Sale of FX to residents for deposits to residents' own FCDU account for Mutual Funds (MFs)/Unit Investment Trust Funds (UITFs)

1520200006

Sale of FX to residents for deposits to residents' own FCDU account for purchase of property abroad

1520200007

Sale of FX to residents for deposits to residents' own FCDU account for foreign currency-denominated loans

1520200008

Sale of FX to residents for deposits to residents' own FCDU account for foreign currency-denominated investments instruments issued onshore

1520200009

Sale of FX to residents for deposits to residents' own FCDU account for investments in instruments issued by other residents

1520200010

Sale of FX to residents for deposits to residents' own FCDU account for investments in instruments held for sale/trading by banks operating in the Philippines

1520200011

Sale of FX to residents for deposits to residents' own FCDU account for settlement of transactions related to trading of foreign currency denominated investment instruments

1520200012

Sale of FX to residents for deposits to residents' own FCDU account for payment of foreign loans

1520200013

Sale of FX to residents for deposits to residents' own FCDU account for payment of foreign currency loans

1520200101

Sale of FX to residents for deposits to residents' own FCDU account for payment of non-merchandise insurance

1520200102

Sale of FX to residents for deposits to residents' own FCDU account for payment of passenger tickets

1520200103

Sale of FX to residents for deposits to residents' own FCDU account for payment of travel expenses

1520200104

Sale of FX to residents for deposits to residents' own FCDU account for payment of commissions

1520200105

Sale of FX to residents for deposits to residents' own FCDU account for payment of professional/management fees

1520200106

Sale of FX to residents for deposits to residents' own FCDU account for payment of royalties

1520200107

Sale of FX to residents for deposits to residents' own FCDU account for payment of other services

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