Purpose of Payment (PoP) Codes

Please use below PoP codes for ACH Credit payment only

Purpose Code

Purpose name

101

Salary

102

Bonus

103

Overtime Payment

104

Allowance

105

End of service benefit

201

Monthly Pension Salary

301

Monthly Social Security Salary

302

Social Security one time payment

401

Deposit Operation

402

Account Management

403

Customer to Corporate

404

Customer to Customer

405

Reversal of Debit / Credit Transaction

501

Court Order

502

Government Payment

503

Government Fee Collection

504

Government Penalty Payment

601

Property Tax

602

Corporate Tax

603

Income Tax

604

Value added Tax

605

Import / Export Tax

606

Municipality Tax

607

Tourism Tax

701

IPO subscription

702

IPO refund

703

Dividend

704

Market Shares Payment

705

Interest Payment

801

Loan Disbursement

802

Full and Final Loan Settlement

803

Loan Installment Payment

804

Loan Insurance Refund

805

Mortgage Installment

806

Credit Card Payment

901

Utility payment

902

Bills to vendor / company

903

Service payment

904

Insurance Payment

905

Rent of Lease

906

Fees Collection

907

School Fees

1001

Membership fees

1002

Charity Payment

1003

Others

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