• Discover the ease of banking on the go

    HSBC Mobile Banking app

  • Download App
Close
  • Smart app screen shot
  • Smart app screen shot
  • Smart app screen shot

Updated list of Purpose Of Payment (POP) codes on domestic outward payment

Central Bank of the UAE has mandated that all domestic outward payments within the UAE should be made with an appropriate Purpose of Payment (PoP) as per the below list.

The new applicable list of Purpose of Payments (PoP) codes that will be used for domestic payments:

Code Description
EDU Educational Support
UTL Utility Bill Payments
DCP Pre-Paid Reloadable & Personalized Debit Card Payments
LIP Loan Interest Payments
IPO IPO Subscriptions
RNT Rent Payments
LNC Loan Charges
EMI Equated Monthly Instalments
PIN Personal Investments
CRP Credit Card Payments
GDS Goods Bought or Sold
GMS Processing repair and maintenance services on goods
STS Sea transport
ATS Air transport
OTS Other modes of transport
STR Travel
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
GOS Government goods and services embassies etc
CHC Charitable Contributions
FAM Family Support
IRP Interest Rate Swap Payments
IRW Interest Rate Unwind Payments
MWI Mobile Wallet Cash In
MWP Mobile Wallet Payments
OAT Own Account Transfer
PRP Profit Rate Swap Payments
PRW Profit Rate Unwind Payments
SVI Stored Value Card Cash–In
SVP Stored Value Card Payments
TOF Transfer Of Funds between persons Normal and Juridical

Purpose of Payment (PoP) code Frequently Asked Questions

What is Purpose of Payment code (PoP codes)?
Purpose of Payment (PoP codes) codes are uniform code list with 3 digit (codes) to determine the purpose of all Incoming/Outgoing telegraphic transfers.

Is it mandatory to provide PoP codes on all payments?
Yes, it is mandatory to provide PoP codes on all payments.

If I do not provide PoP codes what would happen?
Please note that your payment(s) may get rejected or delayed if the PoP code is not mentioned.

For what type of payments should the PoP codes need to be applied?
PoP codes needs to apply for all payments i.e. telegraphic transfer and all Outward Standing instructions for all currencies. This document is created for the PoP for domestic outward payments, which will come into effect from 1st April 2017.

Is PoP codes being implemented by all banks and who has initiated these PoP codes
The Central Bank of UAE, has initiated and mandated all banks in UAE to implement those codes.

Where do I get list of PoP codes that needs to be applied?
List of PoP codes can be viewed on our website www.hsbc.ae

I have standing instructions loaded with HSBC for periodic payments; do I need to give revised instructions with PoP code(s) to be updated?
Yes, if you currently have standing instructions set-up you must advise HSBC of the new PoP code to be applied, by calling our Call Centre and/or visiting the nearest branch/Customer Service Unit

How many new PoP codes have been introduced by Central Bank of UAE
20 new PoP codes has been introduced and mandated by the Central Bank of UAE to be applied to all domestic payments within UAE

Are there any codes that has been deleted or moved which is being used currently?
Yes, the below 4 codes that will be removed from the current list with effect from 01st April 2017.

Code Description
MIS Miscellaneous
REM Remittance
CBP Cross Border Payments
STO Standing order

New Purpose of Payments codes for Domestic Payments

Code Description
EDU Educational Support
UTL Utility Bill Payments
DCP Pre‐Paid Reloadable & Personalized Debit Card Payments
LIP Loan Interest Payments
IPO IPO Subscriptions
RNT Rent Payments
LNC Loan Charges
EMI Equated Monthly Instalments
PIN Personal Investments
CRP Credit Card Payments
GDS Goods Bought or Sold
GMS Processing repair and maintenance services on goods
STS Sea transport
ATS Air transport
OTS Other modes of transport
STR Travel
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
GOS Government goods and services embassies etc
CHC Charitable Contributions
FAM Family Support


By when these PoP codes need to be updated for Standing Instructions?
We advise you to do this as early as possible, and not later than 31st January 2017, to ensure our systems are properly updated in time to avoid any payment delays or rejections.

I do not have Standing Instruction but I make payments through Internet Banking, do I still have to choose the PoP code?
Yes, also please be advised that the updated list of PoP codes is maintained on your Personal Internet Banking Domestic payment page.

Issued by HSBC Bank Middle East Limited U.A.E Branch, P.O.Box 66, Dubai, U.A.E, regulated by the Central Bank of the U.A.E and lead regulated by the Dubai Financial Services Authority. CRN 161218

You are leaving hsbc.ae

This link may allow you to access another HSBC Group website. Please read the terms and conditions of the linked website, which may differ from the terms and conditions of HSBC Bank Middle East Limited website.

Arabic

Updated list of Purpose Of Payment (POP) codes on domestic outward payment

Overview

Central Bank of the UAE has mandated that all domestic outward payments within the UAE should be made with an appropriate Purpose of Payment (PoP) as per the below list.

The new applicable list of Purpose of Payments (PoP) codes that will be used for domestic payments:

Code Description
EDU Educational Support
UTL Utility Bill Payments
DCP Pre-Paid Reloadable & Personalized Debit Card Payments
LIP Loan Interest Payments
IPO IPO Subscriptions
RNT Rent Payments
LNC Loan Charges
EMI Equated Monthly Instalments
PIN Personal Investments
CRP Credit Card Payments
GDS Goods Bought or Sold
GMS Processing repair and maintenance services on goods
STS Sea transport
ATS Air transport
OTS Other modes of transport
STR Travel
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
GOS Government goods and services embassies etc
CHC Charitable Contributions
FAM Family Support
IRP Interest Rate Swap Payments
IRW Interest Rate Unwind Payments
MWI Mobile Wallet Cash In
MWP Mobile Wallet Payments
OAT Own Account Transfer
PRP Profit Rate Swap Payments
PRW Profit Rate Unwind Payments
SVI Stored Value Card Cash–In
SVP Stored Value Card Payments
TOF Transfer Of Funds between persons Normal and Juridical

 

Issued by HSBC Bank Middle East Limited U.A.E Branch, P.O.Box 66, Dubai, U.A.E, regulated by the Central Bank of the U.A.E and lead regulated by the Dubai Financial Services Authority. CRN 161218

Frequently Asked Questions

Purpose of Payment (PoP) code Frequently Asked Questions

What is Purpose of Payment code (PoP codes)?
Purpose of Payment (PoP codes) codes are uniform code list with 3 digit (codes) to determine the purpose of all Incoming/Outgoing telegraphic transfers.

Is it mandatory to provide PoP codes on all payments?
Yes, it is mandatory to provide PoP codes on all payments.

If I do not provide PoP codes what would happen?
Please note that your payment(s) may get rejected or delayed if the PoP code is not mentioned.

For what type of payments should the PoP codes need to be applied?
PoP codes needs to apply for all payments i.e. telegraphic transfer and all Outward Standing instructions for all currencies. This document is created for the PoP for domestic outward payments, which will come into effect from 1st April 2017.

Is PoP codes being implemented by all banks and who has initiated these PoP codes
The Central Bank of UAE, has initiated and mandated all banks in UAE to implement those codes.

Where do I get list of PoP codes that needs to be applied?
List of PoP codes can be viewed on our website www.hsbc.ae

I have standing instructions loaded with HSBC for periodic payments; do I need to give revised instructions with PoP code(s) to be updated?
Yes, if you currently have standing instructions set-up you must advise HSBC of the new PoP code to be applied, by calling our Call Centre and/or visiting the nearest branch/Customer Service Unit

How many new PoP codes have been introduced by Central Bank of UAE
20 new PoP codes has been introduced and mandated by the Central Bank of UAE to be applied to all domestic payments within UAE

Are there any codes that has been deleted or moved which is being used currently?
Yes, the below 4 codes that will be removed from the current list with effect from 01st April 2017.

Code Description
MIS Miscellaneous
REM Remittance
CBP Cross Border Payments
STO Standing order

New Purpose of Payments codes for Domestic Payments

Code Description
EDU Educational Support
UTL Utility Bill Payments
DCP Pre-Paid Reloadable & Personalized Debit Card Payments
LIP Loan Interest Payments
IPO IPO Subscriptions
RNT Rent Payments
LNC Loan Charges
EMI Equated Monthly Instalments
PIN Personal Investments
CRP Credit Card Payments
GDS Goods Bought or Sold
GMS Processing repair and maintenance services on goods
STS Sea transport
ATS Air transport
OTS Other modes of transport
STR Travel
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
GOS Government goods and services embassies etc
CHC Charitable Contributions
FAM Family Support

By when these PoP codes need to be updated for Standing Instructions?
We advise you to do this as early as possible, and not later than 31st January 2017, to ensure our systems are properly updated in time to avoid any payment delays or rejections.

I do not have Standing Instruction but I make payments through Internet Banking, do I still have to choose the PoP code?
Yes, also please be advised that the updated list of PoP codes is maintained on your Personal Internet Banking Domestic payment page.

Issued by HSBC Bank Middle East Limited U.A.E Branch, P.O.Box 66, Dubai, U.A.E, regulated by the Central Bank of the U.A.E and lead regulated by the Dubai Financial Services Authority. CRN 161218

 

You are leaving hsbc.ae

This link may allow you to access a non - HSBC website. HSBC Bank Middle East Limited has no control over the linked website and is not liable for your use of it.

You are leaving hsbc.ae

This link may allow you to access a non - HSBC website. HSBC Bank Middle East Limited has no control over the linked website and is not liable for your use of it.

You are leaving hsbc.ae

This link may allow you to access a non - HSBC website. HSBC Bank Middle East Limited has no control over the linked website and is not liable for your use of it.

You are leaving hsbc.ae

This link may allow you to access another HSBC Group website. Please read the terms and conditions of the linked website, which may differ from the terms and conditions of HSBC Bank Middle East Limited website.