ExternalCategoryPurpose1Code: Category Purpose Codes

Codes

• BONUBonus PaymentTransaction is the payment of a bonus.
• CASHCash Management TransferTransaction is a general cash management instruction.
• CBLKCard Bulk ClearingA service that is settling money for a bulk of card transactions, while referring to a specific transaction file or other information like terminal ID, card acceptor ID or other transaction details.
• CCRDCredit Card PaymentTransaction is related to a payment of credit card.
• CDISAdditional Claim DispositionAdditional disposition following a claim payment made through a claim payment system.
• CGWVCarrier Guarded Wholesale ValuablesTransaction is a payment towards a Party for the collection of cash by the Cash in Transit company.
• CIPCCash In Pre CreditTransaction is a direct debit for a cash order of notes and/or coins.
• CONCCash Out Notes CoinsTransaction is a direct debit for a cash order of notes and/or coins.
• CORTTrade Settlement PaymentTransaction is related to settlement of a trade, eg a foreign exchange deal or a securities transaction.
• CPAYClaim PaymentTransaction is related to the payment of a claim though a claim payment system.
• CRYPCrypto AssetsTransaction is related to the purchase or sale of crypto assets.
• CTDFDodd Frank1073 PaymentCross border transaction initiated by US natural person that is subject to compliance with Dodd Frank 1073.
• DCRDDebit Card PaymentTransaction is related to a payment of debit card.
• DIVIDividendTransaction is the payment of dividends.
• DVPMDeliver Against PaymentCode used to pre-advise the account servicer of a forthcoming deliver against payment instruction.
• EPAYEpaymentTransaction is related to ePayment.
• FCDTForeign Currency Domestic TransferForeign Currency Transaction that is processed between two domestic financial institutions.
• FCINFee Collection And InterestTransaction is related to the payment of a fee and interest.
• FCOLFee CollectionA service that is settling card transaction related fees between two parties.
• GOVTGovernment PaymentTransaction is a payment to or from a government department.
• GP2PPersonto Person PaymentGeneral Person-to-Person Payment. Debtor and Creditor are natural persons.
• HEDGHedgingTransaction is related to the payment of a hedging operation.
• ICCPIrrevocable Credit Card PaymentTransaction is reimbursement of credit card payment.
• IDCPIrrevocable Debit Card PaymentTransaction is reimbursement of debit card payment.
• INTCIntra Company PaymentTransaction is an intra-company payment, ie, a payment between two companies belonging to the same group.
• INTEInterestTransaction is the payment of interest.
• LBOXLockbox TransactionsTransaction is related to identify cash handling via Night Safe or Lockbox by bank or vendor on behalf of a physical store.
• LOANLoanTransaction is related to the transfer of a loan to a borrower.
• MP2BCommercialMobile P2B Payment
• MP2PConsumerMobile P2P Payment
• OTHROther PaymentOther payment purpose.
• PENSPension PaymentTransaction is the payment of pension.
• RPRERepresentedCollection used to re-present previously reversed or returned direct debit transactions.
• RRCTReimbursement Received Credit TransferTransaction is related to a reimbursement for commercial reasons of a correctly received credit transfer.
• RVPMReceive Against PaymentCode used to pre-advise the account servicer of a forthcoming receive against payment instruction.
• SALASalary PaymentTransaction is the payment of salaries.
• SAVGSavingsTransfer to / from savings or to retirement account.
• SECUSecuritiesTransaction is the payment of securities.
• SSBESocial Security BenefitTransaction is a social security benefit, ie payment made by a government to support individuals.
• SUPPSupplier PaymentTransaction is related to a payment to a supplier.
• SWEPCash Management Sweep AccountClassification: Cash Management. Transaction relates to a cash management instruction, requesting a sweep of the account of the Debtor above an agreed floor amount, up to a target or zero balance.
• TAXSTax PaymentTransaction is the payment of taxes.
• TOPGCash Management Top AccountClassification: Cash Management. Transaction relates to a cash management instruction, requesting to top the account of the Creditor above a certain floor amount, up to a target or zero balance.
• TRADTradeTransaction is related to the payment of a trade finance transaction.
• TREATreasury PaymentTransaction is related to treasury operations. E.g. financial contract settlement.
• VATXValue Added Tax PaymentTransaction is the payment of value added tax.
• VOSTCrossborder MI PaymentsTransaction to be processed as a domestic payment instruction originated from a foreign bank.
• WHLDWith HoldingTransaction is the payment of withholding tax.
• ZABACash Management Zero Balance AccountTransaction relates to a cash management instruction, requesting to zero balance the account of the Debtor.