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Bahrain PoP


 

 

Business Services & Fees

Payment Type Description Purpose Code
Information services comprise news agency services, database services both online and through magnetic, optical or printed media, and web search portals. IFS
Computer services consist of hardware and/or software-related services and data-processing services. ITS
Includes legal services, accounting, management consulting, managerial services and public relations services, advertising, market research and public opinion polling services. PMS
Services that are associated with basic research, applied research and experimental development of new products and processes. RDS

 

Cards & Merchant Services

Payment Type Description Purpose Code
Explicit charges that require no special calculation including fees for deposit-taking and lending, fees for one-off guarantees, early or late repayment fees or penalties, account charges, fees related to letters of credit, credit card services, commissions and charges related to financial leasing, factoring, underwriting and clearing of payments. FIS

 

Education & Training

Payment Type Description Purpose Code
According to Islamic banking definitions, for example sukuks. PIP
Personal, cultural and recreational services are education services, health services, heritage and recreational services and other personal services. PRS

 

Internal & Account Transfers

Payment Type Description Purpose Code
Include receipts and payments in the form of dividends to/from abroad that resident investors receive from enterprises abroad to which they participate with percentage less than 10% of share capital or that are not in the same group. DOE

 

Investment, Capital & Dividends

Payment Type Description Purpose Code
Include receipts and payments in the form of dividends to/from abroad that resident investors receive from enterprises abroad to which they participate with a percentage greater than 10% of their share capital. If the exact percentage is not known, intra-group participation is accepted. IGD
Recording of interest as investment income on external financial assets that resident investors receive from enterprises abroad to which they participate with a percentage greater than 10% of their share capital. If the exact percentage is not known, intra-group participation is accepted. IID
Reverse share participation below 10% of a resident direct investment enterprise (included in code CEL) in the share capital of the nonresident direct investor, or its liquidation. REA
Reverse share participation below 10% of a nonresident direct investment enterprise (included in code CEA) in the share capital of the resident direct investor, or its liquidation. REL

 

Loans, Credit & Financing

Payment Type Description Purpose Code
Interest of loans between enterprises not belonging to the same group. IOL
Humanitarian aid, military assistance, contributions to international organizations apart from loans, in cash or in kind, between the governments of different countries or between governments and international organizations. CHC
Loans and credit that a resident direct investor gives to its direct investment enterprise abroad, or their repayments, and loans and credit that a nonresident direct investment enterprise gives to a resident direct investor, or their repayments (financial institutions excluded). If the exact participation percentage above 10% is not known, intra-group participation is accepted. DLF
Loans and credit that a nonresident direct investor gives to its direct investment enterprise, or their repayments, and loans and credit that a resident direct investment enterprise gives to a nonresident direct investor, or their repayments (financial institutions excluded). If the exact participation percentage above 10% is not known, intra-group participation is accepted. LDL
All drawings or repayments on loans extended to nonresidents with a duration of more than one year in companies with capital participation of less than 10%, or that do not belong to the same corporate group if the percentage is not known. LLA
All drawings or repayments on loans extended to residents from abroad with a duration of more than one year in companies with capital participation of less than 10%, or that do not belong to the same corporate group if the percentage is not known. LLL
Bonds and loans that a resident direct investment enterprise gives to its nonresident direct investor, or their repayments. RDA
Bonds and loans that a nonresident direct investment enterprise gives to its resident direct investor, or their repayments. RDL
All drawings or repayments on loans extended to nonresidents with a duration of less than one year in companies with capital participation of less than 10%, or that do not belong to the same corporate group if the percentage is not known. SLA
All drawings or repayments on loans extended to residents from abroad with a duration of less than one year in companies with capital participation of less than 10%, or that do not belong to the same corporate group if the percentage is not known. SLL

 

Payroll, Benefits & Pensions

Payment Type Description Purpose Code
Receipts and payments of transfers of Bahrain government to and from nonresidents related to taxes on products, income, wealth and capital gains, subsidies on products, social contributions, social benefits, investment grants and donations. GRI

 

Personal Remittances & Family Support

Payment Type Description Purpose Code
Receipts of income from nonresident financial institutions for the accounts of residents and payments of income from resident financial institutions for the accounts of nonresidents. IOD
All inward or outward flows by residents from accounts held with banks abroad. AFA
All inward or outward flows by nonresidents from accounts held with banks. AFL
Personal transfers by migrants' resident households to or from nonresident households. FAM

 

Property, Rent & Utilities

 

Payment Type Description Purpose Code
Financial leases that are leasing agreements of a nonresident with a resident. LEA
Financial leases that are leasing agreements of a resident with a nonresident. LEL
The fair value of real estate purchased by residents abroad or its liquidation. PPA
The fair value of real estate purchased by nonresidents in Bahrain or its liquidation. PPL
Rent covers income receivable for putting natural resources at the disposal of a nonresident institutional unit. PRR
Creation, renovation, repair or extension of fixed assets in the form of buildings, land improvements including installation and assembly work, site preparation and general construction, cost of construction, repairs and maintenance work to buildings, as well as renting and establishment of necessary equipment. SCO
Telecommunications services encompass the transmission of sound, images or other information by telephone, telex, telegram, radio and television cable and broadcasting, satellite, electronic mail, facsimile services, including business network services, teleconferencing and support services. TCS

 

Refunds, Reversals & Adjustments

Payment Type Description Purpose Code
Remuneration payable by resident enterprises to nonresident employees in return for work performed during the accounting period. SAL

 

Securities, Trading & Treasury

Payment Type Description Purpose Code
Establishment of a branch or company abroad, acquisition of an existing entity, purchase or sale of additional shares with a participation of 10% or more of share capital abroad, or liquidation of a previous investment. If the exact percentage is not known, intra-group participation is accepted. CEA
Establishment of a branch or other legal entity in Bahrain by a nonresident direct investor or disinvestment. Includes share relationships above 10%, acquisition of an existing entity in Bahrain with 10% or more participation by a nonresident direct investor, purchase or sale of additional shares, or liquidation of a previous investment. CEL
Securities issued by nonresidents (for example bonds, treasury bills, commercial papers, bankers' acceptances) traded in organized markets at market prices with maturity greater than one year, where capital participation is less than 10% or the entities are not part of the same corporate group. DLA
Securities issued by residents (for example bonds, treasury bills, commercial papers, bankers' acceptances) traded in organized markets at market prices with maturity greater than one year, where capital participation is less than 10% or the entities are not part of the same corporate group. DLL
Securities issued by nonresidents (for example bonds, treasury bills, commercial papers, bankers' acceptances) traded in organized markets at market prices with maturity less than one year, where capital participation is less than 10% or the entities are not part of the same corporate group. DSA
Bonds that a resident direct investor gives to its direct investment enterprise abroad, or their repayments, and bonds that a nonresident direct investment enterprise gives to a resident direct investor, or their repayments. If the exact participation percentage above 10% is not known, intra-group participation is accepted. DSF
Securities issued by residents (for example bonds, treasury bills, commercial papers, bankers' acceptances) traded in organized markets at market prices with maturity less than one year, where capital participation is less than 10% or the entities are not part of the same corporate group. DSL
Transactions of residents in financial derivatives of nonresidents according to the gain or loss (margin) occurring at settlement of the contract, not the underlying instrument. FDA
Transactions of nonresidents in financial derivatives of residents according to the gain or loss (margin) occurring at settlement of the contract, not the underlying instrument. FDL
Collective investment undertakings through which investors pool funds for investment in financial or nonfinancial assets, such as mutual funds and unit trusts. FIA
Collective investment undertakings through which investors pool funds for investment in financial or nonfinancial assets, such as mutual funds and unit trusts. FIL
Purchases of equity shares by residents in nonresident companies with participation below 10%, or companies not belonging to the same corporate group where the percentage is not known. FSA
Purchases of equity shares by nonresidents in resident companies with participation below 10%, or companies not belonging to the same corporate group where the percentage is not known. FSL
Investment income attributable to collective investment fund shareholders, including mutual funds and unit trusts. ISH
Interest from residents holding securities with maturity greater than one year issued by nonresidents, and vice versa. ISL
Interest from residents holding securities with maturity less than one year issued by nonresidents, and vice versa. ISS
Bonds that a nonresident direct investor gives to its direct investment enterprise in Bahrain, or their repayments, and bonds that a resident direct investment enterprise gives to a nonresident direct investor, or their repayments. If the exact participation percentage above 10% is not known, intra-group participation is accepted. LDS
Repurchase agreements on securities issued by nonresidents. RFS
Repurchase agreements on securities issued by residents. RLS

 

Trade, Import & Export

 

Payment Type Description Purpose Code
All receipts for exports and re-exports between residents and nonresidents regardless of when the goods are shipped and the settlement type. GDE
All payments for imports between residents and nonresidents regardless of when the goods are shipped and the settlement type. GDI
Manufacturing services covering processing, assembly, labelling, packing, maintenance and repair services on goods undertaken by enterprises that do not own the goods concerned. GMS
All transactions in goods and services by enclaves such as embassies, consulates, military bases and international organizations with residents in the economies in which the enclaves are located. GOS
Provision of various types of insurance to/from nonresidents and reinsurance regarding goods, life insurance, travel and reimbursement. INS
Recording of receipts or payments related to charges for the use of proprietary rights such as patents, trademarks, copyrights, know-how, industrial processes and designs, including trade secrets and franchises. IPC
Transportation services provided by sea, including tickets, transport of goods, cargo and other auxiliary services. STS
Extension of credit by suppliers of goods and services to their customers, and advances for work in progress or yet to be undertaken, including customer prepayments for goods and services not yet provided. TCP
Extension of credit by suppliers of goods and services to their customers, and advances for work in progress or yet to be undertaken, including customer prepayments for goods and services not yet provided. TCR
Includes architectural, engineering, scientific and other technical services, waste treatment and de-pollution, agricultural and mining services, operating leasing services, trade-related services and other business services not included elsewhere. TTS

 

Transport & Logistics

 

Payment Type Description Purpose Code
Transportation services provided by airline companies related to the transport of people, cargo and other auxiliary services. ATS
Receipts and payments among residents and nonresidents related to road, pipeline and other types of transport, as well as postal and courier services. OTS
Travel includes leisure, health (medical reasons), education (students), visits to family, business travel, local transport, hotels, restaurants, tuition payments, examination fees and travel agent bookings for foreign trips. STR
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