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