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United Kingdom PoP


 

Business Services & Fees

 

Payment Type Description Purpose Code
Transaction is related to a payment of commercial credit or debit (formerly Commercial Credit). COMC
Transaction is payment of commission. COMM
Transaction is a payment used by a third party who can collect funds to pay on behalf of consumers, i.e. credit counselling or bill payment companies. COMT
Transaction is a payment for dental services. DNTS
Code used to pre-advise the account servicer of a forthcoming deliver against payment instruction. DVPM
Transaction is payment of a license fee. LICF
Transaction is a payment for long-term care facility services. LTCF
Transaction is related to service charges charged by a service provider. SERV
Transaction is related to a payment of information or entertainment services either in printed or electronic form. SUBS
Transaction is a payment for vision care services. VIEW

 

Cards & Merchant Services

 

Payment Type Description Purpose Code
A Service that is settling money for a bulk of card transactions, while referring to a specific transaction file or other information like terminal ID, card acceptor ID or other transaction details. CBLK
A Service that is settling money for a bulk of card transactions, while referring to a specific transaction file or other information like terminal ID, card acceptor ID or other transaction details. CBLK
Transaction is related to a payment of credit card. CCRD
Transaction is related to a payment of credit card bill. CDBL
Transaction is related to a payment of debit card. DCRD
A Service that is settling card transaction related fees between two parties. FCOL

 

Cash Management & Collections

 

Payment Type Description Purpose Code
Transaction is a general cash management instruction. CASH
Transaction is a general cash management instruction. CASH
Transaction is a collection of funds initiated via a credit transfer or direct debit. COLL
Transaction is related to cash disbursement. CSDB
Collection of funds initiated via a debit transfer. DBTC
Transaction is related to a payment of deposit. DEPT
Cash associated with a netting of futures payments. Refer to CCPM code word for netting of initial and variation margin through a CCP. FNET
FX netting if cash is moved by separate wire instead of within the closing FX instruction. FXNT
Transaction is related to a netting operation. NETT
Payment of the deposit required towards purchase of a property. PDEP
Transaction is related to a reimbursement for commercial reasons of a correctly received credit transfer. RRCT

 

Donations, Aid & Grants

 

Payment Type Description Purpose Code
Payments for donation, sponsorship, advisory, intellectual and other copyright services. ADCS
Transaction is a payment for charity reasons. CHAR
Financial aid by State authorities for abolition of consequences of natural disasters. FAND

 

Education & Training

 

Payment Type Description Purpose Code
Transaction is related to a payment of study/tuition fees. EDUC

 

Government, Taxes & Legal

 

Payment Type Description Purpose Code
Transaction is related to a payment of estate tax. ESTX
Transaction is a payment to or from a government department. GOVT
Transaction is a payment to or from a government department. GOVT
Transaction is related to a payment of housing tax. HSTX
Transaction is related to a payment of income tax. INTX
Transaction is related to a payment of property tax. PTXP
Transaction is related to a payment of road tax. RDTX
Transaction is the refund of a tax payment or obligation. TAXR
Transaction is the payment of taxes. TAXS
Transaction is the payment of taxes. TAXS
Transaction is the payment of value added tax. VATX
Transaction is the payment of value added tax. VATX
Transaction is related to a payment of withholding tax. WHLD
Transaction is the payment of withholding tax. WHLD

 

Healthcare & Medical

 

Payment Type Description Purpose Code
Transaction is a payment of health insurance. HLTI
Transaction is a payment for medical care services. MDCS

 

Industry-Specific Activities

 

Payment Type Description Purpose Code
Transaction is related to the agricultural domain. AGRT

 

Insurance

 

Payment Type Description Purpose Code
Transaction is a payment of car insurance premium. INPC
Transaction is related to an insurance premium refund. INPR
Transaction is related to the payment of an insurance claim. INSC
Transaction is payment of an insurance premium. INSU
Transaction is a payment of labour insurance. LBRI
Transaction is a payment of life insurance. LIFI
Transaction is a payment of property insurance. PPTI

 

Internal & Account Transfers

 

Payment Type Description Purpose Code
Transaction moves funds between 2 accounts of same account holder at the same bank. ACCT
Transaction is an intra-company payment, i.e., a payment between two companies belonging to the same group. INTC
Transaction is an intra-company payment, i.e., a payment between two companies belonging to the same group. INTC
Transaction is a payment between two accounts belonging to the same party (intra-party payment), where party is a natural person (identified by a private ID, not organisation ID). INTP
Bank initiated account transfer to support zero target balance management, pooling or sweeping. LIMA

 

Investment, Capital & Dividends

 

Payment Type Description Purpose Code
Transaction is payment of dividends. DIVD
Transaction is the payment of dividends. DIVI

 

Loans, Credit & Financing

 

Payment Type Description Purpose Code
Bank loan fees. Cash activity related to specific bank loan fees, including (a) agent/assignment fees; (b) amendment fees; (c) commitment fees; (d) consent fees; (e) cost of carry fees; (f) delayed compensation fees; (g) facility fees; (h) fronting fees; (i) funding fees; (j) letter of credit assignment fees. BKFE
Accrued interest payments. Specific to bank loans. BKIP
Principal pay-downs. Specific to bank loans. BKPP
Transaction is a payment of car loan principal payment. CLPR
General Person-to-Person Payment. Debtor and Creditor are natural persons. GP2P
Transaction is related to a payment of a property loan. HLRP
Transaction is related to the settlement of a property loan. HLST
Transaction is related to transfer of loan to borrower. LOAN
Transaction is related to the transfer of a loan to a borrower. LOAN
Transaction is related to repayment of loan to lender. LOAR
Payment of funds from a lender as part of the issuance of a property loan. PLDS
The transfer or extension of a property financing arrangement to a new deal or loan provider, without change of ownership of property. PLRF
Cash collateral related to Securities lending and borrowing. SLEB

 

Other / General Purpose

 

Payment Type Description Purpose Code
Transaction is the payment of alimony. ALMY
Transaction is related to a payment associated with an Account Receivable Entry. AREN
Transaction is related to a payment to a person who is unemployed/disabled. BENE
Transaction is related to a payment of business expenses. BEXP
Bond Forward pair-off cash net movement. BNET
Transaction is related to a payment associated with a Back Office Conversion Entry. BOCE
Transaction is related to a payment of cable TV bill. CBTV
Transaction is payment of commodities. CMDT
Transaction is related to carpark charges. CPKC
Transaction is payment of copyright. CPYR
Transaction is related to e-Payment. EPAY
Payment of fees/charges. FEES
Payment with no commercial or statutory purpose. GIFT
Transaction is related to a hedging operation. HEDG
Transaction is related to the payment of a hedging operation. HEDG
Transaction is related to a payment of an instalment. INSM
Transaction is payment of interest. INTE
Transaction is the payment of interest. INTE
Transaction is the payment for invoices. IVPT
Payments towards a purchase or winnings received from lottery activities. LOTT
Revenue payments made by the lending agent to the client. LREV
Mobile P2P Payment. MP2P
Other payment purpose. OTHR
Payment based on enforcement orders except those arising from judicial alimony decrees. PENO
Transaction is for account overdraft repayment. REOD
Transaction is the payment of royalties. ROYA
Transaction is the payment of salaries. SALA
Transaction is the payment of salaries. SALA
Transaction is related to a payment to a supplier. SUPP
Transaction is related to a payment to a supplier. SUPP
Final payments for a swap contract. SWFP
Partial payment for a swap contract. SWPP
Reset payment for a swap contract. SWRS
Upfront payment for a swap contract. SWUF
Transaction is related to a payment associated with charges levied by a town council. TCSC
Transaction is related to treasury operations. TREA
Transaction is related to treasury operations. E.g. financial contract settlement. TREA

 

Payroll, Benefits & Pensions

 

Payment Type Description Purpose Code
Transaction is related to payment of a bonus. BONU
Transaction is the payment of a bonus. BONU
Transaction is related to the payment of a compensation relating to interest loss/value date adjustment and can include fees. COMP
Payments towards a purchase or winnings received from gambling, betting or other wagering activities. GAMB
Transaction is a contribution by an employer to the housing expenditures (purchase, construction, renovation) of employees within a tax-free fringe benefit system. HREC
Transaction is contribution to pension fund. PEFC
Transaction is the payment of pension. PENS
Transaction is the payment of pension. PENS
Transfer to savings/retirement account. SAVG
Transaction is a social security benefit, i.e. payment made by a government to support individuals. SSBE
Transaction is a social security benefit, i.e. payment made by a government to support individuals. SSBE

 

Personal Remittances & Family Support

 

Payment Type Description Purpose Code
Transaction is related to a payment associated with building maintenance. BLDM

 

Property, Rent & Utilities

 

Payment Type Description Purpose Code
Transaction is related to a payment made to assist parent/guardian to maintain child. BECH
Transaction is related to a payment of electricity bill. ELEC
Transaction is related to a payment of gas bill. GASB
Final payment to complete the purchase of a property. PCOM
Transaction is related to a payment of telephone bill. PHON
Transaction is for general rental/lease. RELG
Transaction is the payment of rent. RENT
Transaction is for the payment to a common utility provider that provides gas, water and/or electricity. UBIL
Transaction is related to a payment of water bill. WTER

 

Refunds, Reversals & Adjustments

 

Payment Type Description Purpose Code
E-Commerce payment return. ECPR
Transaction is the payment of a rebate. REBT
Transaction is the payment of a refund. REFU

 

Securities, Trading & Treasury

 

Payment Type Description Purpose Code
Transaction is related to settlement of a trade, e.g. a foreign exchange deal or a securities transaction. CORT
Transaction is related to settlement of a trade, e.g. a foreign exchange deal or a securities transaction. CORT
Transaction is related to a derivatives transaction. DERI
Cash collateral related to trading of exchanged traded derivatives in general (opposite to Over the Counter (OTC)). EXTD
FX trades with a value date in the future. FORW
Transaction is related to a foreign exchange operation. FREX
Cash related to futures trading activity. FUTR
Transaction is for the payment of mutual funds, investment products and shares. INVS
Securities lending rebate payments. LREB
Cash collateral related to Over-the-counter (OTC) Derivatives in general, for example contracts which are traded and privately negotiated. OTCD
Cash collateral related to a repurchase agreement transaction. REPO
Cash collateral related to a Securities Buy Sell Sell Buy Back. SBSC
Transaction is the payment of securities. SECU
Transaction is the payment of securities. SECU

 

Trade, Import & Export

 

Payment Type Description Purpose Code
Transaction is related to purchase and sale of goods and services. GDSV
Transaction is related to purchase and sale of goods and services with cash back. GSCB
Transaction is related to a trade services operation. TRAD
Transaction is related to the payment of a trade finance transaction. TRAD
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