Dear Clients,
According to regulatory requirements, as of 01.01.2019 when ordering a transfer to United Arab Emirates (UAE), a 3-letter code must be filled in the field "Details". You can see all available codes in the attached file - "UAE - purpose codes" .
The choice of code should be relevant to the information filled in the field "Details" and supplement it. For example, if the payment is for a purchased good and invoice numbers are quoted in this regard, as a 3-letter code - GDS should be entered.
Sincerely,
ProCredit Bank (Bulgaria) EAD