Inward Remittances - Purpose Codes
Remittances to India
| Purpose Code | Description |
|---|---|
| S0017 | Acquisition of non-produced non-financial assets (Purchase of intangible assets like patents, copyrights, trademarks etc., land acquired by government, use of natural resources) – |
| S0019 | Acquisition of non-produced non-financial assets (Purchase of intangible assets like patents, copyrights, trademarks etc., use of natural resources) – Non-Government |
| S0026 | Capital transfers (Guarantees payments, Investment Grand given by the government/international organisation, exceptionally large Non-life insurance claims) – Government |
| S0027 | Capital transfers (Guarantees payments, Investment Grand given by the Non-government, exceptionally large Non-life insurance claims) – Non-Government |
| S0099 | Other capital payments not included elsewhere |
| S0003 | Indian Direct investment abroad (in branches & wholly owned subsidiaries) in equity Shares |
| S0004 | Indian Direct investment abroad (in subsidiaries and associates) in debt instruments |
| S0005 | Indian investment abroad – in real estate |
| S0006 | Repatriation of Foreign Direct Investment made by overseas Investors in India – in equity shares |
| S0007 | Repatriation of Foreign Direct Investment in made by overseas Investors India – in debt instruments |
| S0008 | Repatriation of Foreign Direct Investment made by overseas Investors in India – in real estate |
| S0001 | Indian Portfolio investment abroad – in equity shares |
| S0002 | Indian Portfolio investment abroad – in debt instruments |
| S0009 | Repatriation of Foreign Portfolio Investment made by overseas Investors in India – equity shares/units of AIF, MF (mutual funds) etc. |
| S0010 | Repatriation of Foreign Portfolio Investment made by overseas Investors in India – in debt instruments |
| S0011 | Loans (short or long-term) extended to Non-Residents/ export bill discounting for exports between two non-residents |
| S0012 | Repayment of long & medium term loans with original maturity above one year received from Non-Residents |
| S0013 | Repayment of short term loans with original maturity up to one year received from Non-Residents |
| S0014 | Repatriation of Non-Resident Deposits FD, savings account |
| S0015 | Repayment of loans & overdrafts taken by IBUs on their own/ overnight lending, placement of deposit by IBUs. |
| S0016 | Sale of a foreign currency against another foreign currency |
| S0020 | Payments made on account of margin payments, premium payment and settlement amount etc. under Financial derivative |
| S0021 | Payments made on account of sale of share under Employee stock option |
| S0022 | Investment in Indian Depositories Receipts (IDRs) |
| S0023 | Opening of foreign currency account abroad with a bank |
| S0024 | External Assistance extended by India. e.g. Loans and advances extended by India to Foreign governments under |
| S0025 | Repayments made on account of External Assistance received by India. |
| S0101 | Advance payment against imports made to countries other than Nepal and Bhutan |
| S0102 | Payment towards imports- settlement of invoice other than Nepal and Bhutan |
| S0103 | Imports by diplomatic missions other than Nepal and Bhutan |
| S0104 | Intermediary trade/transit trade, i.e., third country export passing through India |
| S0108 | Goods acquired under merchanting / Payment against import leg of merchanting trade |
| S0109 | Payments made for Imports from Nepal and Bhutan, if any |
| S0201 | Payments for surplus freight/passenger fare by foreign shipping companies operating in India |
| S0202 | Payment for operating expenses of Indian shipping companies operating abroad |
| S0203 | Freight on imports – Shipping companies |
| S0204 | Freight on exports – Shipping companies |
| S0205 | Operational leasing/Rental of Vessels (with crew) –Shipping companies |
| S0206 | Booking of passages abroad – Shipping companies |
| S0207 | Payments for surplus freight/passenger fare by foreign Airlines companies operating in India |
| S0208 | Operating expenses of Indian Airlines companies operating |
| S0209 | Freight on imports – Airlines companies |
| S0210 | Freight on exports – Airlines companies |
| S0211 | Operational leasing / Rental of Vessels (with crew) – Airline companies |
| S0212 | Booking of passages abroad – Airlines companies |
| S0214 | Payments on account of stevedoring, demurrage, port handling charges etc.(Shipping companies) |
| S0215 | Payments on account of stevedoring, demurrage, port handling charges, etc.(Airlines companies) |
| S0216 | Payments for Passenger - Shipping companies |
| S0217 | Other payments by Shipping companies |
| S0218 | Payments for Passenger - Airlines companies |
| S0219 | Other Payments by Airlines companies |
| S0220 | Payments on account of freight under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports and others) |
| S0221 | Payments on account of passenger fare under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports and others) |
| S0222 | Postal & Courier services by Air |
| S0223 | Postal & Courier services by Sea |
| S0224 | Postal & Courier services by others |
| S0301 | Business travel. |
| S0303 | Travel for pilgrimage |
| S0304 | Travel for medical treatment |
| S0305 | Travel for education (including fees, hostel expenses etc.) |
| S0306 | Other travel (including holiday trips and payments for settling international credit cards transactions) |
| S0501 | Construction of projects abroad by Indian companies including import of goods at project site abroad |
| S0502 | cost of construction etc. of projects executed by foreign companies in India. |
| S0601 | Life Insurance premium except term insurance |
| S0602 | Freight insurance – relating to import & export of goods |
| S0603 | Other general insurance premium including reinsurance premium; and term life insurance premium |
| S0605 | Auxiliary services including commission on insurance |
| S0607 | Insurance claim Settlement of non-life insurance; and life insurance (only term insurance) |
| S0608 | Life Insurance Claim Settlements |
| S0609 | Standardised guarantee services |
| S0610 | Premium for pension funds |
| S0611 | Periodic pension entitlements e.g. monthly quarterly or yearly payments of pension amounts by Indian Pension Fund |
| S0612 | Invoking of standardised guarantees |
| S0701 | Financial intermediation, except investment banking - Bank charges, collection charges, LC charges etc. |
| S0702 | Investment banking – brokerage, under writing commission |
| S0703 | Auxiliary services – charges on operation & regulatory fees, custodial services, depository services etc. |
| S0801 | Hardware consultancy/implementation |
| S0802 | Software consultancy / implementation |
| S0803 | Data base, data processing charges |
| S0804 | Repair and maintenance of computer and software |
| S0805 | News agency services |
| S0806 | Other information services- Subscription to newspapers, |
| S0807 | Off-site software imports |
| S0808 | Telecommunication services including electronic mail services and voice mail services |
| S0809 | Satellite services including space shuttle and rockets etc. |
| S0901 | Franchises services |
| S0902 | Payment for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films), patents, copyrights, trademarks and industrial processes etc. |
| S1002 | Trade related services – commission on exports / imports |
| S1003 | Operational leasing services (other than financial leasing) without operating crew, including charter hire- Airlines companies |
| S1004 | Legal services |
| S1005 | Accounting, auditing, book-keeping services |
| S1006 | Business and management consultancy and public relations |
| S1007 | Advertising, trade fair service |
| S1008 | Research & Development services |
| S1009 | Architectural services |
| S1010 | Agricultural services like protection against insects & disease, increasing of harvest yields, forestry services. |
| S1011 | Payments for maintenance of offices abroad |
| S1013 | Environmental Services |
| S1014 | Engineering Services |
| S1015 | Tax consulting services |
| S1016 | Market research and public opinion polling service |
| S1017 | Publishing and printing services |
| S1018 | Mining services like on–site processing services analysis of |
| S1020 | Commission agent services |
| S1021 | Wholesale and retailing trade services. |
| S1022 | Operational leasing services (other than financial leasing) without operating crew, including charter hire- Shipping |
| S1023 | Other Technical Services including scientific/space services. |
| S1099 | Other services not included elsewhere |
| S1101 | Audio-visual and related services like Motion picture and video tape production, distribution and projection services. |
| S1103 | Radio and television production, distribution and transmission services |
| S1104 | Entertainment services |
| S1105 | Museums, library and archival services |
| S1106 | Recreation and sporting activities services |
| S1107 | Education (e.g. fees for correspondence courses abroad) |
| S1108 | Health Service (payment towards services received from hospitals, doctors, nurses, paramedical and similar services etc. rendered remotely or on-site) |
| S1109 | Other Personal, Cultural & Recreational services |
| S1201 | Maintenance of Indian embassies abroad |
| S1202 | Remittances by foreign embassies in India |
| S1301 | Remittance for family maintenance and savings |
| S1302 | Remittance towards personal gifts and donations |
| S1303 | Remittance towards donations to religious and charitable institutions abroad |
| S1304 | Remittance towards grants and donations to other governments and charitable institutions established by the |
| S1305 | Contributions/donations by the Government to international institutions |
| S1306 | Remittance towards payment / refund of taxes. |
| S1307 | Outflows on account of migrant transfers including personal |
| S1401 | Compensation of employees |
| S1402 | Remittance towards interest on Non-Resident deposits (FD, Savings Deposits) |
| S1403 | Remittance towards interest on loans from Non-Residents (ST/MT/LT loans), Trade Credits, etc. |
| S1405 | Remittance towards interest payment by IBUs on their own account or the OD on NOSTRO a/c.) |
| S1408 | Remittance of profit by FDI enterprises in India (by branches of foreign companies including bank branches) |
| S1409 | Remittance of dividends by FDI enterprises in India (other than branches) on equity and investment fund shares |
| S1410 | Payment of interest by FDI enterprises in India to their Parent company abroad. |
| S1411 | Remittance of interest income on account of Portfolio Investment in India |
| S1412 | Remittance of dividends on account of Portfolio Investment in India on equity and investment fund shares |
| S1501 | Refunds / rebates / reduction in invoice value on account of exports |
| S1502 | Reversal of wrong entries, refunds of amount remitted for non-exports |
| S1503 | Payments by residents for international bidding |
| S1504 | Notional sales when export bills negotiated/ purchased/ discounted are dishonored/ crystallised/ cancelled and reversed from suspense account |
| S1505 | Deemed Imports (exports between SEZ, EPZs and Domestic tariff areas) |
| S1601 | Payments on account of maintenance and repair services rendered for Vessels, ships, boats, warships, etc. |
| S1602 | Payments on account of maintenance and repair services rendered for aircrafts, space shuttles, rockets, military aircrafts, |
| S1701 | Payments for processing of goods |
| P0017 | Receipts 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 |
| P0019 | Receipts 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 |
| P0028 | Capital 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 |
| P0029 | Capital 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 |
| P0099 | Other capital receipts not included elsewhere |
| P0003 | Repatriation of Indian Direct investment abroad (by branches & wholly owned subsidiaries and associates) in equity shares |
| P0004 | Repatriation Indian Direct investment abroad (by branches & wholly owned subsidiaries and associates) in debt instruments |
| P0005 | Repatriation of Indian investment abroad in real estate |
| P0006 | Foreign Direct Investment made by overseas Investors in India in equity shares |
| P0007 | Foreign Direct Investment made by overseas Investors in India in debt instruments. |
| P0008 | Foreign Direct Investment made by overseas Investors in India in real estate |
| P0001 | Repatriation of Indian Portfolio investment abroad in equity capital (shares) |
| P0002 | Repatriation of Indian Portfolio investment abroad in debt instruments. |
| P0009 | Foreign Portfolio Investment made by overseas Investors in India in equity shares/units of AIF, MF (mutual funds) etc. |
| P0010 | Foreign Portfolio Investment made by overseas Investors in India in debt Instruments. |
| P0011 | Repayment of loans (short & long term) extended to Non-Residents/ Realization of discounted export bills for exports between two non-residents |
| P0012 | Long & medium term loans, with original maturity of above one year, from Non-Residents to India |
| P0013 | Short term loans with original maturity upto one year from Non- Residents to India (Short-term Trade Credit) |
| P0014 | Receipts o/a Non-Resident deposits (FDs, savings account) |
| P0015 | Loans & 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. |
| P0016 | Purchase of a foreign currency against another currency. |
| P0020 | Receipts on account of margin payments, premium payment and settlement amount etc. under Financial derivative transactions |
| P0021 | Receipts on account of sale of share under Employee stock option |
| P0022 | Receipts on account of other investment in ADRs/GDRs |
| P0024 | External Assistance received by India e.g. Multilateral and bilateral loans received by Govt. of India under agreements with other govt. / international institutions. |
| P0025 | Repayments received on account of External Assistance extended by India |
| P0101 | Value of export bills negotiated / purchased/discounted etc. (covered under GR/PP/SOFTEX/EC copy of shipping bills etc.) – Other than Nepal and Bhutan |
| P0102 | Realisation of export bills (in respect of goods) sent on collection (full invoice value) – Other than Nepal and Bhutan |
| P0103 | Advance receipts against export contracts, which will be covered later by GR/PP/SOFTEX/SDF – other than Nepal and Bhutan |
| P0104 | Receipts 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 |
| P0105 | Export bills (in respect of goods) sent on collection – other than Nepal and Bhutan |
| P0107 | Realisation of NPD export bills (full value of bill to be reported) – other than Nepal and Bhutan |
| P0108 | Goods sold under merchanting / Receipt against export leg of merchanting trade* |
| P0201 | Receipts of surplus freight/passenger fare by Indian shipping companies operating abroad |
| P0202 | Receipts on account of operating expenses of Foreign shipping companies operating in India |
| P0205 | Receipts on account of operational leasing (with crew) – Shipping companies |
| P0207 | Receipts of surplus freight/passenger fare by Indian Airlines companies operating abroad. |
| P0208 | Receipt on account of operating expenses of Foreign Airlines companies operating in India |
| P0211 | Receipt on account of operational leasing (with crew) – Airlines Companies |
| P0214 | Receipts on account of other transportation services (stevedoring, demurrage, port handling charges etc).(Shipping Companies) |
| P0214 P0215 | Receipts on account of other transportation services (stevedoring, demurrage, port handling charges etc).(Shipping Companies) Receipts on account of other transportation services (stevedoring, demurrage, port handling charges etc).( Airlines companies) |
| P0216 | Receipts of freight fare -Shipping companies operating abroad |
| P0217 | Receipts of passenger fare by Indian Shipping companies operating abroad |
| P0218 | Other receipts by Shipping companies |
| P0219 | Receipts of freight fare by Indian Airlines companies operating abroad |
| P0220 | Receipts of passenger fare –Airlines |
| P0221 | Other receipts by Airlines companies |
| P0222 | Receipts on account of freights under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports and Others) |
| P0223 | Receipts on account of passenger fare under other modes of transport (Internal Waterways, Roadways, Railways, Pipeline transports and Others) |
| P0224 | Postal & Courier services by Air |
| P0225 | Postal & Courier services by Sea |
| P0226 | Postal & Courier services by others |
| P0301 | Purchases towards travel (Includes purchases of foreign TCs, currency notes etc over the counter, by hotels, Emporiums, institutions etc. as well as amount received by TT/SWIFT transfers or debit to Non-Resident account). |
| P0302 | Business travel |
| P0304 | Travel for medical treatment including TCs purchased by hospitals |
| P0305 | Travel for education including TCs purchased by educational institutions |
| P0306 | Other travel receipts |
| P0308 | Foreign Currencies/TCs surrendered by returning Indian tourists. |
| P0501 | Receipts on account of services relating to cost of construction of projects in India |
| P0502 | Receipts on account of construction works carried out abroad by Indian Companies |
| P0601 | Life Insurance premium except term insurance |
| P0602 | Freight insurance – relating to import & export of goods |
| P0603 | Other general insurance premium including reinsurance premium; and term life insurance premium |
| P0605 | Auxiliary services including commission on insurance |
| P0607 | Insurance claim Settlement of non-life insurance; and life insurance (only term insurance) |
| P0608 | Life insurance claim settlements (excluding term insurance) received by residents in India |
| P0609 | Standardised guarantee services |
| P0610 | Premium for pension funds |
| P0611 | Periodic pension entitlements e.g. monthly quarterly or yearly payments of pension amounts by Indian Pension Fund Companies. |
| P0612 | Invoking of standardised guarantees |
| P0701 | Financial intermediation except investment banking – Bank charges, collection charges, LC charges, etc. |
| P0702 | Investment banking – brokerage, under writing commission etc. |
| P0703 | Auxiliary services – charges on operation & regulatory fees, custodial services, depository services etc. |
| P0801 | Hardware consultancy/implementation |
| P0802 | Software consultancy/implementation (other than those covered in SOFTEX form) |
| P0803 | Data base, data processing charges |
| P0804 | Repair and maintenance of computer and software |
| P0805 | News agency services |
| P0806 | Other information services- Subscription to newspapers, periodicals, etc. |
| P0807 | Off-site Software Exports |
| P0808 | Telecommunication services including electronic mail services and voice mail services |
| P0809 | Satellite services including space shuttle and rockets, etc. |
| P0901 | Franchises services |
| P0902 | Receipts for use, through licensing arrangements, of produced originals or prototypes (such as manuscripts and films), patents, copyrights, trademarks, industrial processes, franchises etc. |
| P1002 | Trade related services – commission on exports / imports |
| P1003 | Operational leasing services (other than financial leasing)without operating crew, including charter hire- Airlines companies |
| P1004 | Legal services |
| P1005 | Accounting, auditing, book keeping services |
| P1006 | Business and management consultancy and public relations services |
| P1007 | Advertising, trade fair service |
| P1008 | Research & Development services |
| P1009 | Architectural services |
| P1010 | Agricultural services like protection against insects & disease, increasing of harvest yields, forestry services. |
| P1011 | Inward remittance for maintenance of offices in India |
| P1013 | Environmental Services |
| P1014 | Engineering Services |
| P1015 | Tax consulting services |
| P1016 | Market research and public opinion polling service |
| P1017 | Publishing and printing services |
| P1018 | Mining services like on–site processing services analysis of ores etc. |
| P1019 | Commission agent services |
| P1020 | Wholesale and retailing trade services. |
| P1021 | Operational leasing services (other than financial leasing) without operating crew, including charter hire- Shipping companies |
| P1022 | Other Technical Services including scientific/space services. |
| P1099 | Other services not included elsewhere |
| P1101 | Audio-visual and related services like Motion picture and video tape production, distribution and projection services. |
| P1103 | Radio and television production, distribution and transmission services |
| P1104 | Entertainment services |
| P1105 | Museums, library and archival services |
| P1106 | Recreation and sporting activity services |
| P1107 | Educational services (e.g. fees received for correspondence courses offered to non-resident by Indian institutions) |
| P1108 | Health Service (Receipts on account of services provided by Indian hospitals, doctors, nurses, paramedical and similar services etc. rendered remotely or onsite) |
| P1201 | Maintenance of foreign embassies in India |
| PP1203 | Maintenance of international institutions such as offices of IMF mission, World Bank, UNICEF etc. in India. |
| P1301 | Inward remittance from Indian non-residents towards family maintenance and savings |
| P1302 | Personal gifts and donations |
| P1303 | Donations to religious and charitable institutions in India |
| P1304 | Grants and donations to governments and charitable institutions established by the governments |
| P1306 | Receipts / Refund of taxes |
| P1307 | Receipts on account of migrant transfers including Personal Effects |
| P1401 | Compensation of employees |
| P1403 | Inward remittance towards interest on loans extended to non- residents (ST/MT/LT loans) |
| P1405 | Inward remittance towards interest receipts of IBUs on their own account (on investments.) |
| P1408 | Inward remittance of profit by branches of Indian FDI Enterprises (including bank branches) operating abroad. |
| P1409 | Inward remittance of dividends (on equity and investment fund shares) by Indian FDI Enterprises, other than branches, operating Abroad) |
| P1410 | Inward remittance on account of interest payment by Indian FDI enterprises operating abroad to their Parent company in India. |
| P1411 | Inward remittance of interest income on account of Portfolio Investment made abroad by India |
| P1412 | Inward remittance of dividends on account of Portfolio Investment made abroad by India on equity and investment fund shares |
| P1499 | Other income receipts |
| P1501 | Refunds/rebate on account of imports |
| P1502 | Reversal of wrong entries, refunds of amount remitted for non- imports |
| P1503 | Remittances (receipts) by residents under international bidding process. |
| P1505 | Deemed Exports (exports between SEZ, EPZs and Domestic Tariff Areas) |
| P1601 | Receipts on account of maintenance and repair services rendered for Vessels, Ships, Boats, Warships, etc. |
| P1602 | Receipts of maintenance and repair services rendered for aircrafts, Space shuttles, Rockets, military aircrafts, etc. |
| P1701 | Receipts on account of processing of goods |
| P0092 | Purchase from other IBUs in India (Currency-wise Totals) |
| P0093 | Purchase from Overseas banks & correspondents (Currency-wise Totals) |
| P0095 | Aggregate Purchases at Branches (Currency-wise Totals) |
| P0100 | Good export receipts (Currency-wise Totals) |
| P0144 | Intermediary export receipts (Currency-wise Totals) |
| P1590 | Non- exports receipts (Currency-wise Totals) |
| S0092 | Sales to other IBUs in India (Currency-wise Totals) |
| S0093 | Sales to Overseas banks & correspondents (Currency-wise Totals) |
| S0095 | Aggregate Sales at Branches (Currency-wise Totals) |
| S0190 | Good import payment (Currency-wise Totals) |
| S0144 | Intermediary import payment (Currency-wise Totals) |
| S1590 | Non-Imports payment (Currency-wise Totals) |
| P2088 | Opening Balance (Credit Balance in Nostro) |
| P2199 | Closing Balance (Credit Balance in Nostro) |
| S2088 | Opening Balance (Debit Balance in Nostro) |
| S2199 | Closing Balance (Debit Balance in Nostro) |