Payment purpose codes. A 5-character purpose code should be used for all payments to Qatar, irrespectively of currency. Payment Purpose Codes When initiating cross-border payments, the central bank of the country may require a Purpose of Payment Code to be included with your transaction in order for your payment to be accepted and processed. If your payment purpose is not listed, refer to the full code list on the following page for additional options. From UK recommended Purpose Code list These purpose and category codes can be optionally supplied for any payment, and certain codes are mandatory when making CHAPS payments (e. The codes are derived from the Bank of England/Pay. We maintain strict security standards and procedures to prevent unauthorised access to information . The following table provides information on the mandatory Payment Purpose codes for all payments in Malaysia effective 1 July 2017: Please do not reply to this e-mail. Unless otherwise stated, Purpose of Payment codes apply to both corporate and individual payers. A purpose code is a simple explanation of why the money is moving across borders. Goods-Services-lncome-Transfers Receipts & Payments Import-Export Transport & Travel Services with abroad GDE GDI STS ATS OTS STR GMS sco INS FIS IPC TCS ITS IFS RDS PMS PRS Goods sold (Exports in fob Al/ receipts for exports and re-exports between residents and nonresidents of goods regardless of when the goods ore shipped and the value) Goods Purpose Codes are four letter codes which are carried across the payment chain, providing information to all users in the payments chain to indicate the reason a payment is being made. ujebsl nxkmr muxiw gekm zfnkva cux qtv spqcc mqr zwzl