0% found this document useful (0 votes)
410 views5 pages

List of Purpose of Payment (PoP) Codes For International Remittance - National Bank of Fujairah

The document provides a comprehensive list of Purpose of Payment (PoP) codes used for international remittances, detailing various financial transactions such as agency commissions, educational support, and investment fund shares. Each code is accompanied by a brief description of its purpose, facilitating understanding of the types of payments involved in international financial activities. This resource is useful for individuals and businesses engaging in cross-border transactions.

Uploaded by

Mohamed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
410 views5 pages

List of Purpose of Payment (PoP) Codes For International Remittance - National Bank of Fujairah

The document provides a comprehensive list of Purpose of Payment (PoP) codes used for international remittances, detailing various financial transactions such as agency commissions, educational support, and investment fund shares. Each code is accompanied by a brief description of its purpose, facilitating understanding of the types of payments involved in international financial activities. This resource is useful for individuals and businesses engaging in cross-border transactions.

Uploaded by

Mohamed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 5

 Back to Home

List of Purpose of Payment (PoP) Codes for International Remittance

Code Description

ACM Agency Commissions

AES Advance Payment Against EOS

Receipts or payments from personal residents bank account or


AFA
deposits abroad

Receipts or payments from personal non-resident bank account in


AFL
the UAE

ALW Allowance

ATS Air Transport

BON Bonus

CCP Corporate Card Payments

Equity and investment fund shares for the establishment of new


company from residents abroad, equity of merger or acquisition
CEA
of companies abroad from residents and participation to capital
increase of related companies abroad

Equity and investment fund shares for the establishment of new


company in the UAE from non-residents, equity of merger or
CEL acquisition of companies in the UAE from non-residents and
participation to capital increase of related companies from non-
residents in the UAE

CHC Charitable Contributions (Charity And Aid)

CIN Commercial Investments

COM Commission

COP Compensation

CRP Credit Card Payment

DCP Debit Card Payments

DIV Dividend Payouts From FI

Purchases and sales of foreign debt securities in not related


DLA
companies - more than a year

Debt instruments intragroup loans, deposits foreign (above 10%


DLF
share)
Purchases and sales of securities issued by residents in not
DLL
related companies - more than a year

DOE Dividends on equity not intragroup

Purchases and sales of foreign debt securities in not related


DSA
companies - less than a year

DSF Debt instruments intragroup foreign securities

Purchases and sales of securities issued by residents in not


DSL
related companies - less than a year

EDU Educational Support

EMI Equated Monthly Installments

EOS End of Service / Final Settlement

FAM Family Support (Workers' Remittances)

FDA Financial Derivatives Foreign

FDL Financial Derivatives in the UAE

FIA Investment Fund Shares Foreign

FIL Investment Fund Shares in the UAE

FIS Financial Services

Equity other than investment fund shares in not related


FSA
companies abroad

Equity other than investment fund shares in not related


FSL
companies in the UAE

GDE Goods Sold (Exports in FOB Value)

GDI Goods Bought (Imports in CIF Value)

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 Dividends Intragroup

IGT Inter Group Transfer

IID Interest on Debt Intragroup

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

Debt instruments intragroup loans, deposits in the UAE (above


LDL
10% share)

LDS Debt instruments intragroup securities in the UAE

LEA Leasing Abroad

LEL Leasing in the UAE

LIP Loan Interest Payments

Loans - drawings or repayments on loans extended to


LLA
nonresidents - long-term

Loans - drawings or repayments on foreign loans extended to


LLL
residents - long-term

LNC Loan Charges

LND Loan Disbursements from FI

MCR Monetary Claim Reimbursements

MWI Mobile Wallet Card Cash-In

MWO Mobile Wallet Card Cash-Out

MWP Mobile Wallet Card Payments

OAT Own Account Transfer

OTS Other Modes of Transport (Including Postal And Courier Services)

OVT Overtime

PEN Pension

PIN Personal Investments


PIP Profits on Islamic Products

PMS Professional and Management Consulting Services

POR Refunds/Reversals on IPO Subscriptions

POS POS Merchant Settlement

PPA Purchase of Real Estate Abroad from Residents

PPL Purchase of Real Estate in the UAE from Non-Residents

PRP Profit Rate Swap Payments

PRR Profits Or Rents On Real Estate

PRS Personal, Cultural, Audiovisual and Recreational Services

PRW Profit Rate Unwind Payments

RDA Reverse Debt Instruments Abroad

RDL Reverse Debt Instruments in the UAE

RDS Research And Development Services

REA Reverse Equity Share Abroad

REL Reverse Equity Share in the UAE

RFS Repos on Foreign Securities

RLS Repos on Securities Issued by Residents

RNT Rent Payments

SAA Salary Advance

SAL Salary (Compensation of Employees)

SCO Construction

Loans - drawings or repayments on loans extended to


SLA
nonresidents - short-term

Loans - drawings or repayments on foreign loans extended to


SLL
residents - short-term

STR Travel

STS Sea Transport

SVI Stored Value Card Cash-In

SVO Stored Value Card Cash-Out

SVP Stored Value Card Payments

TCP Trade Credits and Advances Payable


TCR Trade Credits and Advances Receivable

TCS Telecommunication Services

TKT Tickets

TOF Transfer Of Funds Between Persons Normal and Juridical

TTS Technical, Trade-Related And Other Business Services

UFP Unclaimed Funds Placement

UTL Utility Bill Payments

TAX Tax Payment

XAT Tax Refund

Call us at 8008NBF(623)

© 2023 National Bank of Fujairah. All rights reserved

You might also like