purposeOfTransfer value when you
create a crypto payout, if
your entity configuration requires it. Each value is a payment reason code.
The table lists codes accepted for Crypto Payouts. Values align with
CPN payment reason codes. This
list adds PMT000 for cases that do not match another code. Do not use
PMT006; it is not valid for crypto payouts.
| Reason code | Description |
|---|---|
PMT000 | Others |
PMT001 | Invoice payment |
PMT002 | Payment for services |
PMT003 | Payment for software |
PMT004 | Payment for imported goods |
PMT005 | Travel services |
PMT007 | Repayment of loans |
PMT008 | Payroll |
PMT009 | Payment of property rental |
PMT010 | Information service charges |
PMT011 | Advertising and public relations related expenses |
PMT012 | Royalty fees, trademark fees, patent fees, and copyright fees |
PMT013 | Fees for brokers, front end fee, commitment fee, guarantee fee, and custodian fee |
PMT014 | Fees for advisors, technical assistance, and academic knowledge including remuneration for specialists |
PMT015 | Representative office expenses |
PMT016 | Tax payment |
PMT017 | Transportation fees for goods |
PMT018 | Construction costs/expenses |
PMT019 | Insurance premium |
PMT020 | General goods trades (offline) |
PMT021 | Insurance claims payment |
PMT022 | Remittance payments to friends or family |
PMT023 | Education-related student expenses |
PMT024 | Medical treatment |
PMT025 | Donations |
PMT026 | Mutual fund investment |
PMT027 | Currency exchange |
PMT028 | Advance payments for goods |
PMT029 | Merchant settlement |
PMT030 | Repatriation fund settlement |