Skip to content
Payin
/
Purpose Codes

Purpose Codes

Purpose codes are essential for compliance and are mandatory when sending money across borders. They help categorise the nature of your transactions, ensuring transparency and adherence to regulatory requirements. If you're unsure about selecting the right purpose code for your business needs, our team is here to assist you. Feel free to reach out to us at contact@Glomo.com.

Purpose for payins

Purpose Group NamePurpose CodeDescription
Capital AccountP0017Receipts on account of Sale of non-produced non-financial assets (Sale of intangible assets like patents, copyrights, trademarks etc., land acquired by government, use of natural resources) - Government
Capital AccountP0019Receipts on account of Sale of non-produced non-financial assets (Sale of intangible assets like patents, copyrights, trademarks etc., use of natural resources)-Non-Government
Capital AccountP0028Capital transfer receipts (Guarantee payments, Investment Grant given by the government/international organisation, exceptionally large Non-life insurance claims including claims arising out of natural calamity) - Government
Capital AccountP0029Capital transfer receipts (Guarantee payments, Investment Grant given by the Non-government, exceptionally large Non-life insurance claims including claims arising out of natural calamity) - Non-Government
Capital AccountP0099Other capital receipts not included elsewhere
Foreign Direct InvestmentP0003Repatriation of Indian Direct investment abroad (by branches & wholly owned subsidiaries and associates) in equity shares
Foreign Direct InvestmentP0004Repatriation Indian Direct investment abroad (by branches & wholly owned subsidiaries and associates) in debt instruments
Foreign Direct InvestmentP0005Repatriation of Indian investment abroad in real estate
Foreign Direct InvestmentP0006Foreign Direct Investment made by overseas Investors in India in equity shares
Foreign Direct InvestmentP0007Foreign Direct Investment made by overseas Investors in India in debt instruments
Foreign Direct InvestmentP0008Foreign Direct Investment made by overseas Investors in India in real estate
Foreign Portfolio InvestmentP0001Repatriation of Indian Portfolio investment abroad in equity capital (shares)
Foreign Portfolio InvestmentP0002Repatriation of Indian Portfolio investment abroad in debt instruments
Foreign Portfolio InvestmentP0009Foreign Portfolio Investment made by overseas Investors in India in equity shares/units of AIF, MF (mutual funds) etc.
Foreign Portfolio InvestmentP0010Foreign Portfolio Investment made by overseas Investors in India in debt Instruments
LoansP0011Repayment of loans (short & long term) extended to Non-Residents/ Realization of discounted export bills for exports between two non-residents
LoansP0012Long & medium term loans, with original maturity of above one year, from Non-Residents to India
LoansP0013Short term loans with original maturity upto one year from Non-Residents to India (Short-term Trade Credit)
Banking CapitalP0014Receipts o/a Non-Resident deposits (FDs, savings account)
Banking CapitalP0015Loans & overdrafts taken by IBUs on their own account. (Any amount of loan credited to the NOSTRO account which may not be swapped into Rupees should also be reported) overnight borrowing, placement of deposit with IBUs
Banking CapitalP0016Purchase of a foreign currency against another currency
Banking CapitalP0020Receipts on account of margin payments, premium payment and settlement amount etc. under Financial derivative transactions
Financial Derivatives and OthersP0021Receipts on account of sale of share under Employee stock option
Financial Derivatives and OthersP0022Receipts on account of other investment in ADRs/GDRs
External AssistanceP0024External Assistance received by India e.g. Multilateral and bilateral loans received by Govt. of India under agreements with other govt. / international institutions
External AssistanceP0025Repayments received on account of External Assistance extended by India
Merchandise exports between resident and non-residentP0101Value of export bills negotiated / purchased/discounted etc. (covered under GR/PP/SOFTEX/EC copy of shipping bills etc.) - Other than Nepal and Bhutan
Merchandise exports between resident and non-residentP0102Realisation of export bills (in respect of goods) sent on collection (full invoice value) - Other than Nepal and Bhutan
Merchandise exports between resident and non-residentP0103Advance receipts against export contracts, which will be covered later by GR/PP/SOFTEX/SDF - other than Nepal and Bhutan
Merchandise exports between resident and non-residentP0104Receipts against export of goods not covered by the GR /PP /SOFTEX /EC copy of shipping bill etc. (under Intermediary/transit trade, i.e., third country export passing through India
Merchandise exports between resident and non-residentP0105Export bills (in respect of goods) sent on collection - other than Nepal and Bhutan
Merchandise exports between resident and non-residentP0107Realisation of NPD export bills (full value of bill to be reported) - other than Nepal and Bhutan
Merchandise exports between resident and non-residentP0108Goods sold under merchanting / Receipt against export leg of merchanting trade
TransportP0201Receipts of surplus freight/passenger fare by Indian shipping companies operating abroad
TransportP0202Receipts on account of operating expenses of Foreign shipping companies operating in India
TransportP0205Receipts on account of operational leasing (with crew) - Shipping companies
TransportP0207Receipts of surplus freight/passenger fare by Indian Airlines companies operating abroad
TransportP0208Receipt on account of operating expenses of Foreign Airlines companies operating in India
TransportP0211Receipt on account of operational leasing (with crew) - Airlines Companies
TransportP0214Receipts on account of other transportation services (stevedoring, demurrage, port handling charges etc.)(Shipping Companies)
TransportP0215Receipts on account of other transportation services (stevedoring, demurrage, port handling charges etc.)(Airlines Companies)
TransportP0216Receipts of freight fare -Shipping companies operating abroad
TransportP0217Receipts of passenger fare by Indian Shipping companies operating abroad
TransportP0218Other receipts by Shipping companies
TransportP0219Receipts of freight fare by Indian Airlines companies operating abroad
TransportP0220Receipts of passenger fare -Airlines
TransportP0221Other receipts by Airlines companies
TransportP0222Receipts on account of freights under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports and Others)
TransportP0223Receipts on account of passenger fare under other modes of transport
TransportP0224Postal & Courier services by Air
TravelP0225Postal & Courier services by Sea
TravelP0226Postal & Courier services by others
TravelP0301Purchases towards travel (Includes purchases of foreign TCs, currency notes etc over the counter)
TravelP0302Business travel
TravelP0304Travel for medical treatment including TCs purchased by hospitals
TravelP0305Travel for education including TCs purchased by educational institutions
TravelP0306Other travel receipts
TravelP0308Foreign Currencies/TCs surrendered by returning Indian tourists
Construction ServicesP0501Receipts on account of services relating to cost of construction of projects in India
Construction ServicesP0502Receipts on account of construction works carried out abroad by Indian Companies
Insurance and Pension ServicesP0601Life Insurance premium except term insurance
Insurance and Pension ServicesP0602Freight insurance - relating to import & export of goods
Insurance and Pension ServicesP0603Other general insurance premium including reinsurance premium and term life insurance premium
Insurance and Pension ServicesP0605Auxiliary services including commission on insurance
Insurance and Pension ServicesP0607Insurance claim Settlement of non-life insurance and life insurance
Insurance and Pension ServicesP0608Life insurance claim settlements received by residents in India
Insurance and Pension ServicesP0609Standardised guarantee services
Insurance and Pension ServicesP0610Premium for pension funds
Insurance and Pension ServicesP0611Periodic pension entitlements from Indian Pension Fund Companies
Insurance and Pension ServicesP0612Invoking of standardised guarantees
Financial ServicesP0701Financial intermediation except investment banking - Bank charges, collection charges, LC charges
Financial ServicesP0702Investment banking - brokerage, underwriting commission
Financial ServicesP0703Auxiliary services - charges on operation & regulatory fees, custodial services, depository services
Telecom, Computer & Information ServicesP0801Hardware consultancy/implementation
Telecom, Computer & Information ServicesP0802Software consultancy/implementation
Telecom, Computer & Information ServicesP0803Data base, data processing charges
Telecom, Computer & Information ServicesP0804Repair and maintenance of computer and software
Telecom, Computer & Information ServicesP0805News agency services
Telecom, Computer & Information ServicesP0806Other information services- Subscription to newspapers, periodicals
Telecom, Computer & Information ServicesP0807Off-site Software Exports
Telecom, Computer & Information ServicesP0808Telecommunication services including electronic mail services and voice mail services
Telecom, Computer & Information ServicesP0809Satellite services including space shuttle and rockets
Charges for intellectual propertyP0901Franchises services
Charges for intellectual propertyP0902Receipts for use through licensing arrangements of produced originals or prototypes
Other Business ServicesP1002Trade related services - commission on exports/imports
Other Business ServicesP1003Operational leasing services (other than financial leasing)without operating crew, including charter hire- Airlines companies
Other Business ServicesP1004Legal services
Other Business ServicesP1005Accounting, auditing, book keeping services
Other Business ServicesP1006Business and management consultancy and public relations services
Other Business ServicesP1007Advertising, trade fair service
Other Business ServicesP1008Research & Development services
Other Business ServicesP1009Architectural services
Other Business ServicesP1010Agricultural services like protection against insects & disease, increasing of harvest yields, forestry services.
Other Business ServicesP1011Inward remittance for maintenance of offices in India
Other Business ServicesP1013Environmental Services
Other Business ServicesP1014Engineering Services
Other Business ServicesP1015Tax consulting services
Other Business ServicesP1016Market research and public opinion polling service
Other Business ServicesP1017Publishing and printing services
Other Business ServicesP1018Mining services like on–site processing services analysis of ores etc.
Other Business ServicesP1019Commission agent services
Other Business ServicesP1020Wholesale and retailing trade services.
Other Business ServicesP1021Operational leasing services (other than financial leasing) without operating crew, including charter hire- Shipping companies
Other Business ServicesP1022Other Technical Services including scientific/space services.
Other Business ServicesP1099Other services not included elsewhere
Personal, Cultural & Recreational servicesP1101Audio-visual and related services like Motion picture and video tape production, distribution and projection services.
Personal, Cultural & Recreational servicesP1103Radio and television production, distribution and transmission services
Personal, Cultural & Recreational servicesP1104Entertainment services
Personal, Cultural & Recreational servicesP1105Museums, library and archival services
Personal, Cultural & Recreational servicesP1106Recreation and sporting activity services
Personal, Cultural & Recreational servicesP1107Educational services (e.g. fees received for correspondence courses offered to non-resident by Indian institutions)
Personal, Cultural & Recreational servicesP1108Health Service (Receipts on account of services provided by Indian
hospitals, doctors, nurses, paramedical and similar services etc. rendered remotely or onsite)
Govt not included elsewhere (G..n.i.e)P1201Maintenance of foreign embassies in India
Govt not included elsewhere (G..n.i.e)P1203Maintenance of international institutions such as offices of IMF mission, World Bank, UNICEF etc. in India
Secondary IncomeP1301Inward remittance from Indian non-residents towards family maintenance and savings
Secondary IncomeP1302Personal gifts and donations
Secondary IncomeP1303Donations to religious and charitable institutions in India
Secondary IncomeP1304Grants and donations to governments and charitable institutions established by the governments
Secondary IncomeP1306Receipts / Refund of taxes
Secondary IncomeP1307Receipts on account of migrant transfers including Personal Effects
Primary IncomeP1401Compensation of employees
Primary IncomeP1403Inward remittance towards interest on loans extended to non-residents (ST/MT/LT loans)
Primary IncomeP1405Inward remittance towards interest receipts of IBUs on their own account (on investments)
Primary IncomeP1408Inward remittance of profit by branches of Indian FDI Enterprises (including bank branches) operating abroad
Primary IncomeP1409Inward remittance of dividends (on equity and investment fund shares) by Indian FDI Enterprises, other than branches, operating Abroad
Primary IncomeP1410Inward remittance on account of interest payment by Indian FDI enterprises operating abroad to their Parent company in India
Primary IncomeP1411Inward remittance of interest income on account of Portfolio Investment made abroad by India
Primary IncomeP1412Inward remittance of dividends on account of Portfolio Investment made abroad by India on equity and investment fund shares
Primary IncomeP1499Other income receipts
OthersP1501Refunds/rebate on account of imports
OthersP1502Reversal of wrong entries, refunds of amount remitted for non-imports
OthersP1503Remittances (receipts) by residents under international bidding process
OthersP1505Deemed Exports (exports between SEZ, EPZs and Domestic Tariff Areas)
Maintenance and repair services n.i.eP1601Receipts on account of maintenance and repair services rendered for Vessels, Ships, Boats, Warships, etc.
Maintenance and repair services n.i.eP1602Receipts of maintenance and repair services rendered for aircrafts, Space shuttles, Rockets, military aircrafts, etc.
Manufacturing servicesP1701Receipts on account of processing of goods
Previous page
Next page