Transfer Purpose Codes Reference
Overview
Purpose codes are utilized to categorize external transfers from Ibanera. If you are unsure which purpose code to use for your transfer, you should obtain a list of applicable purpose codes via API. The table below outlines all possible purpose codes along with their respective description.
Purpose Code Table
| 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 |
PUC1001 | Business Expenses |
PUC1002 | Bonus Payment |
PUC1003 | Cable TV Bill |
PUC1004 | Credit Card Payment |
PUC1005 | Charity Payment |
PUC1006 | Collection Payment |
PUC1007 | Commission |
PUC1008 | Carpark Charges |
PUC1009 | Cash Disbursement |
PUC1010 | Debit Card Payment |
PUC1011 | Dividend |
PUC1012 | Payment of Fees & Charges |
PUC1013 | Foreign Worker Levy |
PUC1014 | Government Insurance |
PUC1015 | Goods & Services Tax |
PUC1016 | Hospital Care |
PUC1017 | Instalment Hire Purchase Agreement |
PUC1018 | Interest |
PUC1019 | Invoice Payment |
PUC1020 | Net Income Tax |
PUC1021 | Telephone Bill |
PUC1022 | Property Tax |
PUC1023 | Road Tax |
PUC1024 | Rebate |
PUC1025 | Refund |
PUC1026 | Supplier Payment |
PUC1027 | Telco Bill |
PUC1028 | Town Council Service Charges |
PUC1029 | Trade Services |
PUC1030 | Treasury Payment |
PUC1031 | Transport |
PUC1032 | With Holding |
PUC1033 | Other |
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