INR Purpose Code Restrictions

When you send payment in the INR currency, youll need to choose the purpose of your payment. You'll be able to select the desired Purpose Code while setting up your transfer. Please view the below list for the supported Purpose Codes.

Allowed Purpose Codes

Purpose CodePurpose Code Description
Travel expensesPayments to travel agents, hotels or airlines
Loan repaymentPayments to repay a loan
Pay for servicesPayment against export of services including software
Pay for goodsPayment against export of goods
Other business expensesPayment for other business use cases such as trade transfers, education institutions, etc.
Pay to employeesPayments for employee compensation

Please note that the limit for sending to businesses in India is 1.5 million INR per invoice daily.

Unsupported Purposes Codes

We don't support transfer purposes for:

  • Payments to charities

  • Payments for trade transfers exceeding 1.5M INR

  • Foreign direct investments