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Purpose of Payment Codes for UAE Funds Transfer System (UAEFTS) Transactions

The following codes can be used for Domestic/Cross border Transfers:

Serial No.

Code DescriptionOrdering

Customer TypeBeneficiary

Customer Type

1 ACM Agency Commission Non-Individuals Non-Individuals

2 AES Advance payment against EOS Non-Individuals Individuals

3 ALW Allowances Non-Individuals Individuals

4 ATS Air transport Individuals/Non-Individuals Individuals/Non-Individuals

5 BON Bonus Non-Individuals Individuals

6 CCP Corporate Card Payment Non-Individuals Credit Card Companies

7 CHC Charitable Contributions Individuals/Non-Individuals Non-Individuals

8 CIN Commercial Investments Non-Individuals Non-Individuals

9 COM Commission Non-Individuals Individuals

10 COP Compensation Non-Individuals Individuals

11 CRP Credit Card Payments Individuals Credit Card Companies

12 DCP Pre Paid Reloadable and Personalized Debit Card Payments Individuals/Non-Individuals Prepaid / Stored Value

13 DIV Dividend Payouts Financial Institutions Individuals/Non-Individuals

14 DOE Dividends On Equity not Intra Group Non-Individuals Individuals/Non-Individuals

15 EDU Educational Support Individuals/Non-Individuals Individuals/Non-Individuals

16 EMI Equated Monthly Instalments Individuals/Non-Individuals Financial Institutions

17 EOS End of Service Non-Individuals Individuals

18 FAM Family Support Individuals Individuals

19 FIS Financial services Individuals/Non-Individuals Individuals/Non-Individuals

20 GDS Goods Bought or Sold Individuals/Non-Individuals Individuals/Non-Individuals

21 GMS Processing Repair and Maintenance Services on Goods Individuals/Non-Individuals Individuals/Non-Individuals

22 GOS Government Goods and Services Embassies etc Individuals/Non-Individuals Individuals/Non-Individuals

23 GRI Government Related Income Taxes Tariffs Capital Transfers etc Non-Individuals Individuals/Non-Individuals

24 IFS Information Services Individuals/Non-Individuals Individuals/Non-Individuals

25 IGD Intra Group Dividends Non-Individuals Non-Individuals

26 IGT Inter Group Transfer Non-Individuals Non-Individuals

27 IID Intra Group Interest on Debt Non-Individuals Non-Individuals

28 INS Insurance Services Individuals/Non-Individuals Individuals/Non-Individuals

29 IOD Income On Deposits Financial Institutions Individuals/Non-Individuals

30 IOL Income On Loans Financial Institutions Individuals/Non-Individuals

31 IPC Charges for the Use of Intellectual Property Royalties Individuals/Non-Individuals Individuals/Non-Individuals

32 IPO IPO Subscriptions Individuals/Non-Individuals Financial Institutions

33 IRP Interest Rate Swap Payments Any Any

34 IRW Interest Rate Unwind Payments Any Any

35 ISH Income on Investment Funds Shares Non-Individuals Individuals/Non-Individuals

36 ISL Interest on Securities more than a year Non-Individuals Individuals/Non-Individuals

37 ISS Interest on Securities less than a year Non-Individuals Individuals/Non-Individuals

38 ITS Computer Services Individuals/Non-Individuals Individuals/Non-Individuals

39 LAS Leave Salary Non-Individuals Individuals

Serial No.

Code DescriptionOrdering

Customer TypeBeneficiary

Customer Type

40 LIP Loan Interest Payments Individuals/Non-Individuals Financial Institutions

41 LNC Loan Charges Individuals/Non-Individuals Financial Institutions

42 LND Loan Disbursements Financial Institutions Individuals/Non-Individuals

43 MCRMonetary Claim Reimbursements Medical Insurance or Auto

Insurance etc.Non-Individuals Individuals/Non-Individuals

44 MWI Mobile Wallet Cash In Any Financial Institutions

45 MWO Mobile Wallet Cash Out Financial Institutions Any

46 MWP Mobile Wallet Payments Any Any

47 OAT Own Account Transfer Individuals Individuals

48 OTS Other Modes of Transport Individuals/Non-Individuals Individuals/Non-Individuals

49 OVT Overtime Non-Individuals Individuals

50 PEN Pension Non-Individuals Individuals

51 PIN Personal Investments Individuals Non-Individuals

52 PIP Profits on Islamic products Non-Individuals Individuals/Non-Individuals

53 PMS Professional and Management Consulting Individuals/Non-Individuals Individuals/Non-Individuals

54 POR Refunds or Reversals on IPO Subscriptions Financial Institutions Individuals/Non-Individuals

55 POS POS Merchant Settlement Financial Institutions Non-Individuals

56 PRP Profit Rate Swap Payments Any Any

57 PRR Profits or Rents on Real Estate Non-Individuals Individuals/Non-Individuals

58 PRS Personal Cultural Audio Visual Individuals/Non-Individuals Individuals/Non-Individuals

59 PRW Profit Rate Unwind Payments Any Any

60 RDS Research and Development Services Individuals/Non-Individuals Individuals/Non-Individuals

61 RNT Rent Payments Individuals/Non-Individuals Individuals/Non-Individuals

62 SAA Salary Advance Non-Individuals Individuals

63 SAL Salary Non-Individuals Individuals

64 SCO Construction Individuals/Non-Individuals Individuals/Non-Individuals

65 STR Travel Individuals/Non-Individuals Individuals/Non-Individuals

66 STS Sea Transport Individuals/Non-Individuals Individuals/Non-Individuals

67 SVI Stored Value Card Cash In Any Financial Institutions

68 SVO Stored Value Card Cash Out Financial Institutions Any

69 SVP Stored Value Card Payments Any Any

70 TCS Telecommunication Services Individuals/Non-Individuals Individuals/Non-Individuals

71 TKT Tickets Non-Individuals Individuals

72 TOF Transfer of Funds Between Persons Normal and Juridical Any Any

73 TTS Technical Trade Related and Other Business Services Individuals/Non-Individuals Individuals/Non-Individuals

74 UTL Utility Bill Payments Individuals/Non-Individuals Non-Individuals

For Eg.: Payment Instructions for Allowances has to have reason code as ALW and ordering customer should be a ‘Non-Individual Customer’ and Beneficiary Customer should be an ‘Individual’.

CROSS BORDER USE ONLY: The following codes can be used for AED payments going outside the boundaries of UAE.

Serial No.

Code Description

1 AFA Receipts or payments from personal residents bank account or deposits abroad

2 AFL Receipts or payments from personal non-resident bank account in the UAE

3 CEAEquity for the establishment of new company from residents abroad equity of merger or acquisition of companies abroad

from residents and participation to capital increase of related company abroad

4 CELEquity for the establishment of new company in the UAE from non-residents equity of merger or acquisition of

companies in the UAE from non-residents participation to capital increase of related companies

5 DIF Debt instruments intragroup loans securities deposits foreign

6 DIL Debt instruments intragroup loans securities deposits in the UAE

7 DLA Purchases and sales of foreign debt securities more than a year in not related companies

8 DLL Purchases and sales of securities issued by residents more than a year in not related companies

9 DSA Purchases and sales of foreign debt securities less than a year in not related companies

10 DSL Purchases and sales of securities issued by residents less than a year in not related companies

11 FDA Financial derivatives foreign

12 FDL Financial derivatives in the UAE

13 FIA Investment fund shares foreign

14 FIL Investment fund shares in the UAE

15 FSA Equity other than investment fund shares in not related companies abroad

16 FSL Equity other than investment fund shares in not related companies in the UAE

17 LEA Leasing abroad

18 LEL Leasing in the UAE

19 LLA Loans Drawings or Repayments on loans extended to non-residents long term

20 LLL Loans Drawings or Repayments on foreign loans extended to residents long term

21 PPA Purchase of real estate abroad from residents

22 PPL Purchase of real estate in the UAE from non-residents

23 RFS Repos on foreign securities

24 RLS Repos on securities issued by residents

25 SLA Loans Drawings or Repayments on loans extended to non-residents short term

26 SLL Loans Drawings or Repayments on foreign loans extended to residents short term

27 TCP Trade credits and advances payable

28 TCR Trade credits and advances receivable

Note: For cross border transactions, there is no need of validation on customer types.