Purpose Codes

Every order carries a purposeCode. It states the reason for the payment and is required for compliance.

"purposeCode": "vendor_payment"

If nothing fits, use other and add a short purposeCodeReason:

"purposeCode": "other",
"purposeCodeReason": "Monthly balance top-up"

Which one to use

You're…	Typical code
Paying a supplier against an invoice	`vendor_payment`
Paying salaries or contractors	`salary_payment` · `payroll_processing`
Sending money to a person abroad	`remittance` · `friends_and_family_transfer`
Topping up a gaming account	`gaming_top_ups` · `gaming_withdrawals`
Converting your own treasury	`currency_swaps` · `liquidity_management`
Collecting for goods or services	`company_expenses` · `service_charges`

All codes

Code	Use it for
`advisory_fees`	Payments for consultancy or advisory services
`advertising_expenses`	Advertising, promotions and marketing services
`arbitrage_settlement`	Settling balances or positions from arbitrage trading
`arbitrage_trading`	Arbitrage trading between crypto or fiat markets
`business_insurance`	Premiums or related payments insuring a business or its assets
`business_operation_expenses`	Operational costs of running a business (supplies, services, tools)
`company_expenses`	General business operating expenses not in another category
`construction_expenses`	Building, renovation or construction works
`currency_swaps`	Treasury swap of one currency for another, for internal purposes
`customer_currency_exchange`	Currency exchange performed on behalf of platform users
`debt_repayment`	Repayment of loans or other debts
`education`	School fees, tuition, training or educational services
`expense_or_medical_reimbursement`	Reimbursement of travel, medical or office expenses
`export_payments`	Goods or services exported internationally
`fee_payments`	Service charges, subscriptions or administrative fees
`friends_and_family_transfer`	Personal transfers to friends or family
`fund_investment`	Investment in mutual funds, ETFs or other managed funds
`gaming_fees`	Entry fees, subscriptions or gaming services
`gaming_top_ups`	Adding funds to gaming accounts, platforms or in-game wallets
`gaming_withdrawals`	Withdrawing gaming earnings or balances
`general_bills`	General, unspecified bills
`gift_and_donation`	Personal gifts or charitable donations
`government_tax_payment`	Government taxes, duties or official levies
`healthcare_expenses`	Medical care, treatments, hospital services
`hotel_accommodation`	Hotel bookings or short-term accommodation
`household_support`	Supporting household expenses of family members
`insurance`	General insurance payments (not claims or business insurance)
`insurance_claims`	Claims settlement or reimbursements from insurers
`investment`	Any investment activity
`liberalized_remittance`	Cross-border remittances under Liberalized Remittance Schemes
`liquidity_management`	Moving funds to manage liquidity between wallets, exchanges or treasury accounts
`low_value_remittance`	Small personal transfers below standard reporting thresholds
`maintenance_expenses`	Repair, maintenance or upkeep of property or equipment
`market_making`	Funds used for market making on exchanges or platforms
`medical_expenses`	Medical treatments, drugs, tests or hospital care
`office_expenses`	Office supplies, equipment or services
`payroll_processing`	Employee salaries, benefits or wage disbursements
`personal`	General personal transfers not in another category
`property_purchase`	Buying residential or commercial property
`property_rental`	Rent for residential, commercial or office property
`remittance`	General money transfers, typically cross-border, to another individual
`royalty_fees`	Royalties for intellectual property, media or usage rights
`salary_payment`	Payroll to employees, contractors or freelancers
`service_charges`	Professional or contractual services received
`services_related_to_financial_trade_travel_or_accounting`	Services in finance, trade, travel bookings or accounting
`shares_investment`	Company shares or stock market instruments
`shipping_costs`	Shipping goods domestically or internationally
`software_export_or_development`	Software development, licensing or export of digital solutions
`taxes`	Personal or corporate taxes
`training_fees`	Employee training, courses, workshops or certifications
`transaction_between_banks`	Transfers between two banks for operational purposes
`transportation_costs`	Transporting goods or people, including freight and logistics
`travel_expenses`	Flights, hotels, tours and other transport
`treasury_reconciliation`	Internal treasury and reconciliation movements
`utility_bills`	Electricity, gas, water, internet and other utilities
`vendor_payment`	Vendors or suppliers for goods or services received