Transfer Purpose Codes Reference

Overview

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.

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