United Arab Emirates purpose of payment guide

Sending a wire to the UAE requires certain information to be provided, including the recipient's bank details, and purpose of payment code. The purpose of payment code is a three-digit code that indicates the reason for the transaction, 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, since 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 the United Arab Emirates. 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
ACM	Agency commission
AES	Advance payment against EOS
ALW	Allowances
ATS	Air transport
BON	Bonus
CCP	Corporate card payment
CHC	Charitable contributions
CIN	Commercial investments
COM	Commission
COP	Compensation
CRP	Credit card payments
DCP	Pre‐paid reloadable & personalized debit card payments
DIV	Dividend payouts
DOE	Dividends on equity not intra group
EDU	Educational support
EMI	Equated monthly installments
EOS	End of service
FAM	Family support
FIS	Financial services
GDS	Goods bought or sold
GMS	Processing repair and maintenance services on goods
GOS	Government goods and services embassies etc.
GRI	Government related income taxes, tariffs, capital transfers, etc.
IFS	Information services
IGD	Intragroup dividends
IGT	Intergroup transfer
IID	Intragroup interest on debt
INS	Insurance services
IOD	Income on deposits
IOL	Income on loans
IPC	Charges for the use of intellectual property royalties
IPO	IPO subscriptions
IRP	Interest rate swap payments
IRW	Interest rate unwind payments
ISH	Income on investment funds shares
ISL	Interest on securities more than a year
ISS	Interest on securities less than a year
ITS	Computer services
LAS	Leave salary
LIP	Loan interest payments
LNC	Loan charges
LND	Loan disbursements
MCR	Monetary claim reimbursements medical insurance or auto insurance etc.
MWI	Mobile wallet cash in
MWO	Mobile wallet cash out
MWP	Mobile wallet payments
OAT	Own account transfer
OTS	Other modes of transport
OVT	Overtime
PEN	Pension
PIN	Personal investments
PIP	Profits on Islamic products
PMS	Professional and management consulting services
POR	Refunds or reversals on IPO subscriptions
POS	POS merchant settlement
PRP	Profit rate swap payments
PRR	Profits or rents on real estate
PRS	Personal cultural audio visual and recreational services
PRW	Profit rate unwind payments
RDS	Research and development services
RNT	Rent payments
SAA	Salary advance
SAL	Salary
SCO	Construction
STR	Travel
STS	Sea transport
SVI	Stored value card cash-in
SVO	Stored value card cash-out
SVP	Stored value card payments
TCS	Telecommunication services
TKT	Tickets
TOF	Transfer of funds between persons normal and juridical
TTS	Technical trade‐related and other business services
UTL	Utility bill payments
CEA	Equity for the establishment of new company from residents abroad, equity of merger or acquisition of companies abroad from residents, and participation to capital increase of related company abroad
PPA	Purchase of real estate abroad from residents
DIF	Debt instruments intragroup loans securities deposits foreign
FSA	Equity other than investment fund shares in related companies abroad
FIA	Investment fund shares foreign
DSA	Purchases and sales of foreign debt securities less than a year in the related companies
DLA	Purchases and sales of foreign debt securities more than a year in the related companies
FDA	Financial derivatives foreign
AFA	Receipts or payments from personal resident’s bank account or deposits abroad
SLA	Loans - drawings or repayments on loans extended to non-residents - short term
LLA	Loans - drawings or repayments on loans extended to non-residents - long term
LEA	Leasing abroad
RFS	Repos on foreign securities
TCR	Trade credits and advances receivable
CEL	Equity for the establishment of new company in the UAE from non-residents equity of merger or acquisition of companies in the UAE from non-residents participation to capital increase of related companies
PPL	Purchase of real estate in the UAE from non-residents
DIL	Debt instruments intragroup loans securities deposits in the UAE
FSL	Equity other than investment fund shares in related companies in the UAE
FIL	Investment fund shares in the UAE
DSL	Purchases and sales of securities issued by residents less than a year in the related companies
DLL	Purchases and sales of securities issued by residents more than a year in the related companies
FDL	Financial derivatives in the UAE
AFL	Receipts or payments from personal non-resident bank account in the UAE
SLL	Loans - drawings or repayments on foreign loans extended to residents - short term
LLL	Loans - drawings or repayments on foreign loans extended to residents - long term
LEL	Leasing in the UAE
RLS	Repos on securities issued by residents
TCP	Trade credits and advances payable
GDE	Goods sold (exports in fob value)
GDI	Goods bought (import in CIF value)
GMS	Processing repair and maintenance services on goods
PPL	Purchase on real estate abroad from non-residents
DSF	Debt instruments
REL	Reverse equity shares in the UAE
RDL	Reverse debt instrument in the UAE
DLF	Debt instruments intragroup loans, deposits, foreign (above 10% share)
LDS	Debt instruments intragroup securities in UAE
REA	Reverse equity shares abroad
RDA	Reverse debt instruments abroad
FSL	Equity other than Investment fund shares in non-related companies in UAE
LDL	Debt instruments intragroup loans, deposits in UAE (above 10% share)
AFL	Receipts or payments from personal non-residents bank account in UAE

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