What should I choose for Purpose of Payment?
Options available include advertising fees, expense reimbursement, financial services, legal services, medical reimbursement, payroll, processing, trade related services, transaction between banks, transportation costs, travel related services personal and ‘other’. Please select the most suitable description related to your payment.
If unsure, select ‘Other’ and provide a detailed payment purpose for sending the funds, e.g. sending money for nephew’s school fees, birthday gift for sister etc. Providing a detailed purpose of payment will avoid any unnecessary delay in the transferring of funds.