Philippines (PH)
DBS Singapore receiving party purpose codes. Beneficiary in the Philippines or payment in PHP.
Purpose codes for outgoingPurposeCode on DBS Singapore TT payments when the corridor is: Beneficiary in the Philippines or payment in PHP. The rules for when a code is mandatory, and how corridors are matched, are on Acme DBS Singapore Receiving Party Purpose Codes.
| code | description |
|---|---|
1 | Allotment |
2 | Business |
3 | Personal |
4 | Bills / Tax Payment |
5 | Gift / Donation |
6 | Others |
19 | Amortization / Loan Payment |
20 | Business – set up |
21 | Education |
22 | Home Improvement |
23 | Insurance |
24 | Investment |
25 | Medical Expense |
26 | Payment of Goods |
27 | Real Estate Purchase |
28 | Savings |
29 | Taxes |
30 | Vehicle |
31 | Allowance |
32 | Financial Support |
33 | Mortgage Payment |
34 | School Allowance |
35 | Vacation Money |