Transfer Purpose Codes Reference
Last updated
Last updated
Purpose codes are utilized to categorize transfers throughout Ibanera's banking system. In addition to accessing the list of purpose codes via API, the table below outlines all available purpose codes and their respective description.
| Code | Description |
|---|---|
PUC001
Transfer to own account
PUC002
Family Maintenance
PUC003
Education-related student expenses
PUC004
Medical Treatment
PUC005
Hotel Accommodation
PUC006
Travel
PUC007
Utility Bills
PUC008
Repayment of Loans
PUC009
Tax Payment
PUC010
Purchase of Residential Property
PUC011
Payment of Property Rental
PUC012
Insurance Premium
PUC013
Life Insurance
PUC014
Insurance Claims Payment
PUC015
Mutual Fund Investment
PUC016
Investment in Shares
PUC01801
Information Service Charges
PUC01802
Advertising & Public relations-related expenses
PUC01803
Royalty fees, trademark fees, patent fees, and copyright fees
PUC01804
Fees for brokers, front end fee, commitment fee, guarantee fee and custodian fee
PUC01805
Fees for advisors, technical assistance and academic knowledge, including remuneration for specialists
PUC01806
Representative office expenses
PUC01807
Construction costs/expenses
PUC01808
Transportation fees for goods
PUC01809
For payment of exported goods
PUC01810
Delivery fees for goods
PUC01811
General Goods Trades - Offline trade
PUC020
Salary