What extra information do I need to include in payments to the United Arab Emirates?
There's been a change to the way United Arab Emirates (UAE) banks receive payments. From now on, if you're sending payments to the UAE in any currency, you'll need to provide a purpose of payment code. This data will be used by the UAE banks for regulatory reporting. Payments that don't include this additional information could be returned by the UAE banks.
You can find the full list of codes to choose from here.
