Payments to the United Arab Emirates

Created by Magda Reszczyńska, Modified on Tue, 24 May, 2022 at 9:56 AM by Magda Reszczyńska

As required by the Central Bank of the United Arab Emirates (UAE), all outgoing payments (in any currency) to this country should include the three-digit Purpose of Payment Code.


The Purpose of Payment Code should be provided in the format: /BENEFRES/AE/XXX, where XXX is the selected Purpose of Payment Code.


When making this type of transfer, please contact us via chat in the App to provide the code, which will be added manually by a bank employee.


List of codes - link


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