Making a Payment to the UAE

ISO Country Code - AE

From January 2019 the Central bank of the UAE mandated that any cross border payments made into the UAE, or any domestic payment instructions within the UAE, must contain a Purpose for Payment Code (POP).

Payment messages must contain a POP code within the payment instruction alongside Reason for Payment information and an IBAN, both existing requirements for payments into the UAE.

Please select the relevant POP Code from the list below.

  1. Goods-Services-Income-Transfers Receipts & Payments

    Import - Export

    GDE -Goods sold (Exports in fob value)

    GDI - Goods bought (Imports in CIF value)

    Transport & Travel

    STS - Sea transport

    ATS -Air transport

    OTS -Other modes of transport (including Postal and courier services)

    STR - Travel

    Services Outside of UAE

    GMS - Processing repair and maintenance services on goods

    SCO - Construction

    INS - Insurance services

    FIS - Financial services

    IPC - Charges for the use of intellectual property royalties

    TCS - Telecommunication services

    ITS - Computer services

    IFS - Information services

    RDS - Research and development services

    PMS - Professional and management consulting services

    TTS - Technical, trade-related and other business services

    PRS - Personal, cultural, audio-visual and recreational services

    Interest & Profits Outside of UAE

    IGD - Dividends intragroup

    IID - Interest on debt intragroup

    PIP - Profits on Islamic products

    PRR - Profits or rents on real estate

    DOE - Dividends on equity not intragroup

    ISH - Income on investment funds shares

    ISL - Interest on securities more than a year

    ISS - Interest on securities less than a year

    IOL - Income on loans

    IOD - Income on deposits

    Government

    GOS - Government goods and services embassies etc.

    GRI - Government related income taxes, tariffs, capital transfers, etc.

    Personal

    CHC - Charitable Contributions (Charity and Aid)

    FAM - Family Support (Workers' remittances)

    SAL - Salary (Compensation of employees)

    PPA - Purchase of real estate abroad from residents

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

    Other

    ACM - Agency Commissions

    AES - Advance payment against EOS

    ALW - Allowance

    BON - Bonus

    CCP - Corporate Card Payments

    CIN - Commercial Investments

    COM - Commission

    COP – Compensation

    CRP - Credit Card Payment

    DCP - Debit Card Payments

    DIV - Dividend Pay-outs From FI

    EDU - Educational Support

    EMI - Equated Monthly Instalments

    EOS - End of Service / Final Settlement

    IGT - Inter Group Transfer

    IPO - IPO Subscriptions

    IRP – Interest Rate Swap Payments

    IRW - Interest rate unwind payments

    LAS - Leave Salary

    LIP - Loan Interest Payments

    LNC - Loan Charges

    LND - Loan Disbursements from FI

    MCR - Monetary Claim Reimbursements

    MWI – Mobile Wallet Card Cash in

    MWO – Mobile Wallet Card Cash out

    MWP – Mobile Wallet Card Payments

    OAT – Own Account Transfer

    OVT - Overtime

    PEN -Pension

    PIN - Personal Investments

    POR - Refunds/Reversals on IPO subscriptions

    POS - POS Merchant Settlement

    PRP – Profit rate Swap Payments

    PRW – Profit Rate Unwind Payments

    RNT - Rent Payments

    SAA - Salary Advance

    SVI – Stored Value Card Cash in

    SVO – Stored Value Card Cash out

    SVP – Stored Value Card Payments

    TAX - TAX Payment

    TKT - Tickets

    TOF - Transfer of funds between persons Normal and Juridical

    UTL - Utility Bill Payments

  2. Assets

    FDI Flows (Acquisitions or settlement of overseas equity/securities by UAE Residents)

    CEA - Equity and investment fund shares 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 companies abroad

    DSF - Debt instruments intragroup foreign securities

    REL - Reverse equity share in the UAE

    RDL - Reverse debt instruments in the UAE

    Portfolio Investment Flows (Acquisitions or settlement of overseas equity/securities by UAE Residents)

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

    FIA - Investment fund shares foreign

    DSA - Purchases and sales of foreign debt securities in not related companies - Less than a year

    DLA - Purchases and sales of foreign debt securities in not related companies - More than a year

    FDA - Financial derivatives foreign

    Lending Repayments and Transfers by UAE Residents of Overseas Loans & Deposits

    DLF - Debt instruments intragroup loans, deposits foreign (above 10% share)

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

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

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

    LEA - Leasing abroad

    RFS - Repos on foreign securities

    TCR - Trade credits and advances receivable

  3. Liabilities

    FDI Flows (Acquisitions or settlement of overseas equity/securities by non-UAE Residents)

    CEL - Equity and investment fund shares 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 and participation to capital increase of related companies from non-residents in the UAE

    LDS - Debt instruments intragroup securities in the UAE

    REA - Reverse equity share abroad

    RDA - Reverse debt instruments abroad

    Portfolio Investment Flows (Acquisitions or settlement of overseas equity/securities by non-UAE Residents)

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

    FIL - Investment fund shares in the UAE

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

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

    FDL - Financial derivatives in the UAE

    Lending Repayments and Transfers by non-UAE Residents of Loans & Deposits in the UAE

    LDL - Debt instruments intragroup loans, deposits in the UAE (above 10% share)

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

    SLL - Loans - Drawings or Repayments on foreign loans extended to residents - Short-term

    LLL - Loans - Drawings or Repayments on foreign loans extended to residents - Long-term

    LEL - Leasing in the UAE

    RLS - Repos on securities issued by residents

    TCP - Trade credits and advances payable

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