INR Purpose Code Restrictions

Please note due to recent changes with our banking partner, all payments in INR currency routing that include the purpose codes noted below will no longer be accepted and will be canceled, regardless of the intended beneficiary bank.

If the beneficiary bank is not HDFC we allow the following purpose codes for payments in INR:

Purpose CodePurpose Code Descriptioninsurance_claimsInsurance claims paymentservicesInformation service chargesadvertisingAdvertising and public relations-related expensesroyaltiesRoyalty, trademark, patent and copyright feesother_feesBroker, front end, commitment, guarantee and custodian feesadvisor_feesFees for advisory, technical, academic, or specialist assistanceconstructionConstruction costs/expensesexportsPayments for exported goodstradeTrade settlement for goods and general goods tradestrade settlementTrade settlement for goods and general goods tradesfamilyFamily maintenancegoodsTrade settlement for goods and general goods tradestransferTransfer to own account

For payments to HDFC Bank we only allow the following 3 purpose codes:

Purpose CodePurpose Code Descriptionfamily Family maintenancetransfer Transfer to own accounttravelTravel