PAYMENT CODES
Classification by form of payment
Payment code
1
2
3
9
Form of payment
Cash
Cashless / Non-cash
Settlement
Reallocation /
Reposting
Description
Cash deposits to and withdrawals from the current account
Transfers (payments and other transfers) from one current account to another current account
Settlement payments
Refunds for overpaid or incorrectly paid funds
Classification by basis of payment
Transactions based on the turnover of goods and services
Payment code
20
21
22
23
24
25
26
27
28
29
30
31
Basis of payment
Turnover of goods and services – intermediate consumption
Turnover of goods and services – final consumption
Public utility services
Investments in facilities and equipment
Investments – other
Lease payments for property in public ownership
Lease payments
Subsidies, reimbursements, and premiums from special-purpose accounts
Subsidies, reimbursements, and premiums from other accounts
Digital assets
Real estate transactions
Customs duties and other import charges
Description
Payments for goods, raw materials, materials, production services, fuel, lubricants, energy, purchase of agricultural products, membership fees, payments of non-prescribed obligations to public enterprises, as well as for other goods and services
Payments for goods, raw materials, materials, production services, fuel, lubricants, energy, purchase of agricultural products, membership fees, payments of non-prescribed obligations to public enterprises, as well as for other goods and services (including payment of all commissions and fees), excluding investments – final consumption
Payments of prescribed obligations to public enterprises
Payments related to the construction of facilities and the acquisition of equipment (purchase price, transport, installation, etc.)
Payments related to investments, other than investments in facilities and equipment
Lease payments for the use of immovable and movable property in public ownership, fees for other services that have the character of public revenues
Lease payments for the use of immovable and movable property subject to taxation in accordance with the law
Disbursement, collection, transfer, and accounting related to subsidies, reimbursements, and premiums from the consolidated treasury account, i.e. funds and organizations of mandatory social insurance
Disbursement, collection, transfer, and accounting related to subsidies, reimbursements, and premiums from other accounts
Payments related to transactions involving virtual currencies, digital tokens, and digital assets that have the characteristics of financial instruments (including payment of all commissions, fees, and other costs related to such transactions)
Payments related to transactions involving land (agricultural and construction land, forests and forest land), buildings (commercial, residential, mixed-use, economic, etc.) and other construction structures, as well as special parts of buildings (apartments, business premises, garages and garage spaces) over which a separate ownership right may exist
Payment, collection, transfer, and accounting related to the settlement of customs duties and other import charges (customs duties and other public revenues collected by the Customs Administration collectively into its designated account)
Distribution transactions
Payment code
40
41
42
44
45
46
47
48
49
53
54
57
58
Basis of payment
Salaries and other employee income
Non-taxable employee income, social and other benefits exempt from taxation
Salary compensation paid by the employer
Payments through youth and student cooperatives
Pensions
Deductions from pensions and salaries
Salary compensation paid by other payers
Income of individuals from capital and other property rights
Other income of individuals
Payment of public revenues excluding taxes and contributions withheld at source
Payment of taxes and contributions withheld at source
Refund of overpaid or incorrectly paid current revenues
Reallocation of overpaid or incorrectly paid current revenues
Description
Salary; personal income of an entrepreneur; salary difference of persons appointed to a public office during the performance of that office; agreed compensation for temporary and occasional work, as well as taxable employee income based on: reimbursement of public transport costs, per diems and reimbursement of travel and accommodation expenses for business trips in the country or abroad, daily allowances of members of the Serbian Armed Forces, solidarity assistance in the event of illness, rehabilitation or disability of an employee or a member of their family, New Year’s and Christmas gifts for employees’ children, and employees’ jubilee awards
Non-taxable employee income based on: reimbursement of public transport costs, per diems and reimbursement of travel and accommodation expenses for business trips in the country or abroad, daily allowances of members of the Serbian Armed Forces, solidarity assistance in the event of illness, rehabilitation or disability of an employee or a member of their family, New Year’s and Christmas gifts for employees’ children, and employees’ jubilee awards;
social and other benefits exempt from taxation in accordance with the law governing personal income tax, excluding reimbursement of volunteering expenses
Salary compensation due to temporary incapacity for work caused by a work-related injury or occupational disease, for the entire duration of which the employer bears the cost;
salary compensation for temporary incapacity for work of up to 30 days due to illness or injury outside work, illness or complications related to pregnancy maintenance, prescribed mandatory isolation measures, care of an ill immediate family member (excluding a child under three years of age), or designation as an escort to an ill person in accordance with the law governing health insurance;
salary compensation during paid leave in the event of work interruption or reduction in workload occurring without the employee’s fault, pursuant to Article 116 of the Labour Law
Payments to cooperative members from the cooperative’s account
The amount of pensions paid to pensioners or transferred to their current bank accounts, excluding cash payments
Deductions based on administrative bans for loans, membership fees, and other statutory, administrative, and other deductions
Salary compensation for sick leave exceeding 30 days due to temporary incapacity for work exceeding 30 days caused by illness or injury outside work, illness or complications related to pregnancy maintenance, prescribed mandatory isolation measures, care of an ill immediate family member (excluding a child under three years of age), or designation as an escort to an ill person;
salary compensation for sick leave exceeding 30 days due to temporary incapacity for work caused by donation of tissues and organs and due to care of a sick child under three years of age;
salary compensation during maternity leave, childcare leave, and special childcare leave
Interest, dividends, and profit sharing, yield from an investment unit of an open-ended investment fund, income from leasing immovable and movable property, income from property rights to copyrighted works or industrial property rights, insurance income
Income from agreed compensation for the creation of a copyrighted work, income of athletes and sports professionals, income from contracts for services, and other income of individuals not mentioned under codes 40 to 48
Payment of public revenues, namely taxes excluding withholding taxes, fees, charges, and others
Payment of taxes and contributions that the income payer is obliged to calculate, withhold, and pay into the prescribed single payment account no later than the day of payment of income to an individual, by withholding
Transfer of funds from a current revenue payment account in favor of the taxpayer for overpaid or incorrectly paid current revenues
Transfer of funds from one current revenue payment account to another, for overpaid or incorrectly paid current revenues
Transfers
Payment code
60
61
62
63
64
65
66
Basis of payment
Insurance premiums and damage compensation
Allocation of current revenues
Transfers within government bodies
Other transfers
Transfer of funds from the budget to ensure refunds of overpaid current revenues
Deposit of daily takings
Cash withdrawal
Description
Insurance premium, reinsurance, damage compensation
Allocation of taxes, contributions, and other current revenues paid to beneficiaries
Transfers within treasury accounts and sub-accounts, transfers of funds to budget beneficiaries, payments under the Government’s social program
Transfers within the same legal entity and other transfers, allocation of joint revenue
Transfer of funds from the budget to the current revenue payment account from which a refund to the taxpayer is to be made
Deposit of daily takings
All cash payments from the accounts of legal entities and entrepreneurs
Financial transactions
Payment code
70
71
72
73
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
Basis of payment
Short-term loans
Long-term loans
Interest income
Placement of time deposits
Other placements
Repayment of short-term loans
Repayment of long-term loans
Refund of time deposits
Interest expense
Discounting of securities
Founders’ loans for liquidity
Repayment of liquidity loans to founders
Collection of citizens’ cheques
Payment cards
Foreign exchange operations
Purchase and sale of foreign currency
Donations and sponsorships
Donations
Transactions on behalf of citizens
Other transactions
Description
Transfer of funds based on approved short-term loans
Transfer of funds based on approved long-term loans
Payment of interest on loans
Purchase and sale of equity securities, purchase of capital in the privatization process within the meaning of the law governing privatization, and purchase of shares from the Share Fund of the Republic of Serbia; interbank placements (securities, loans)
Payment of interest on deposits and other monetary placements
Payment of a loan granted by a founder – a natural person – to a legal entity
Repayment of a loan by a legal entity to a founder – a natural person
Payments from funds of banks and other legal entities based on internal regulations
Donations from international agreements