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What extra information do I need to include in payments to India?


There’s been a change to the way banks in India receive payments.

From now on, if you’re sending payments to the India in INR currency, you’ll need to provide two extra pieces of information:

  1. a residency indicator for the beneficiary
  2. a purpose of payment code

This data will be used by the banks in India for regulatory reporting. From immediate effect, payments that don’t include this additional information could be returned by Indian banks.

How to include this extra information

You’ll need to add the extra info into the ‘Information for the beneficiary’ field in Bankline, when making a payment to India.

The format for the addition looks like this:

/BENEFRES/Country Code//Purpose Code/Description

BENEFRES – always include this bit first.

Country Code - if the beneficiary has a India resident account, include the country code “IN” here.

Alternatively, if the beneficiary is a resident in another country, please include the 2 digit country code for that country. For example, ‘GB’ if the beneficiary is a UK resident. (A list of Country Codes can be found here)

Purpose Code – This is a code describing the reason for the payment. You can find the full list of codes (from the Reserve Bank of India) to choose from here.

Description - Optional description of the purpose of payment

Here’s a full example, if you’re making a gift payment and the beneficiary is an India resident, the information you’d put into the ‘Information for the beneficiary’ field would be:


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