Please be informed that as from 2018 the Central Bank of the United Arab Emirates (UAE) introduced mandatory requirements for specifying the "code of a payment purpose" in payment orders for the payments made to UAE banks, irrespective of the payment currency.

The "code of a payment purpose" should be specified in the payment order’s field "Information for the beneficiary" based on the payment’s purpose, following this sample:

1. code of a payment purpose;

2. payment purpose, number and date of the contract;

3. additional information..

Sample (the names of organisations and the combination of numbers in the details specified in this sample are illustrative):

/GDI/ Payment for Hawaii shoes by Contract CLB16S-SHO01 dd 10.03.2019, invoice PR190018 dd 11.03.2019.

where
/GDI/ – code of the payment purpose*
Pmnt for Hawaii shoes – payment purpose
by Contract CLB16S-SHO01 dd 10.03.2019 – number and date of the contract
PR190018 dd 11.03.2019 – additional information

* To see the list of "codes of payment purposes", click here. Please note that the "codes of payment purposes" may change to the order of the Central Bank of UAE.