When calculations and documentation regarding currency transactions occur, you need to indicate a code of the type foreign exchange transaction without fail. This is a very serious issue, so it is necessary to understand this topic in more detail.

Areas of application

When performing actions with currency, codes are used by people making payments when they fill out payment documentation, and the money is indicated in rubles. If one party is a non-resident, it can be both the one who pays and the one who receives the funds. This also includes a non-resident (bank), which is responsible for the resident’s current account.

KVBO are needed to ensure control, monitoring and analysis of information on payments made by two persons. Certificate filled out by the resident must have KVVO:

1. When funds are credited or debited between two persons in rubles.
2. When the currency of another state is credited or debited to a transit account from a current account.

In addition, currency codes are required when performing actions such as debiting Russian currency from the bank account of one of the parties to the transaction. In such situations, the responsible bank issues a payment order.

Currency transactions that are carried out between two persons (resident and non-resident) are divided into two types:

1. Carrying out current foreign exchange operations.
2. Carrying out actions with currency that are associated with capital movements.

Carrying out currency control

All actions carried out with foreign currency have absolute control by the state. It is carried out on the basis of the laws and regulations of the Russian Federation.

Regulatory acts apply to the activities of residents and non-residents. Residents are also legal entities, which are created in accordance with state legislation. Legal entities that were created on the basis of legislative framework foreign states.

Currency transactions of residents and non-residents are carried out through responsible banks. In connection with control, residents must provide banking organizations all the necessary information, as well as:

• preliminary deadlines for receiving currency (rubles or foreign currency) for fulfilling obligations under the contract;
• expected deadlines for fulfilling contractual obligations.

The preparation of documentation and requirements is carried out in accordance with the Instructions of the Central Bank of the Russian Federation. It indicates necessary order provision by the resident of the relevant documentation and codes of currency transactions specified in payment orders.

What it is

KVBO is a so-called requisite, which consists of five numbers and encrypts the essence of the financial actions being carried out. This code is placed in curly braces before the text.

(VO******), where

V.O.– Latin letters in words, ****** - numbers that correspond to KVBO.

It is worth noting that there should be no spaces in parentheses.

What designations do KKVO have?

Let's look at the main KVBOs, which are indicated in brackets after the Latin letters. Among the many codes used when conducting currency transactions, a common one is KVBO for paying wages to a non-resident. In this case, use KVVO 70060.

Basic KVBO:

In addition, KVVO must be indicated when following situations:

1. When a certificate is filled out stating that currency movements were carried out.
2. In case of filling out payment orders for payment in Russian rubles.

The requirements for specifying a code, which is a cipher for currency movements, also apply to individual entrepreneurs who, according to the current legislation of Russia, are engaged in running their own business.

The legislative framework of the Russian Federation determines action list, which are classified as currency:

• purchase by a resident of some currency or valuables (being foreign currency);
• purchase or use by two persons (resident and non-resident) of currency values, currency and securities;
• import or export outside the territory of Russia of Russian rubles, valuables and securities;
• operations related to the transfer of foreign and national currency, securities that have value in accounts opened in the Russian Federation or abroad;
• transfers made by non-residents in foreign currency (rubles), securities. of value.

Remember that operations, according to regulatory legal acts, also include transactions carried out in Russian rubles. It is also worth noting that the KVVO must necessarily correspond to the information that the resident provides to the bank. This code fits into a field called .

In addition, according to legislative documents, transfers that go through bank accounts or without them can be made only with confirmation of payment. These include:

1. Payment order.
2. Electronic transfer Money.
3. Letters of credit.
4. Collection orders.
5. Payment transfers upon request for receipt.

About the details

Details are mandatory information for a payment order. If they are missing, the bank will not be able to fulfill the client’s orders related to money transfers. Each detail is assigned its own number. It is important to remember that in order to avoid unpleasant situations, the order must be filled out with maximum accuracy.

Don't create unnecessary difficulties for yourself. Enter detailed information in the payment explanation:

1. Be sure to include the contract number and date.
2. The name of the product or service for which the payment is being made.
3. Type of payment under the agreement (advance payment, repeat payment, etc.).

Before making a payment, you must consult with your partner and clarify all possible details.

How to make a payment in the Russian Federation

If a resident is located in Latvia and he makes a transfer to a resident from Russia, then he is a non-resident, and the recipient will remain a resident. Therefore, from the list of codes you need to select the one that will correspond to the value "from non-resident to resident".

Possible payers when committing CVVO:

• payer is an organization in Russia, recipient of finance is a foreign citizen or company;
• the payer is a resident, makes a transfer to his or a second resident’s account in a foreign bank;
• payer – foreign citizen or organization;
• the payer is a financial agent, and the recipient is also a company in Russia.

What can happen if you fill it out incorrectly?

If an error is made during the operation, credit organisation refuses to accept payment. Banks, according to the legislation of the Russian Federation, are responsible for such transactions and monitor their implementation. This situation can only be resolved by drawing up a new settlement document.

It is also worth noting that there is some circumstances, where the code may not have an influential meaning. Even if it was indicated incorrectly during the execution of settlement documents, payments can be made in the proper amount (if settlement is made under a letter of credit, when a non-resident carries out a foreign exchange transaction using bank card and so on).

There is also another way that will help simplify the transaction process for the payer - You can enter into an agreement with a credit institution, according to which she herself will deal with the preparation of settlement documents. The payer will only need to provide all the necessary information.

Remember that when making foreign exchange transactions, especially in transactions that relate to foreign economic activity, you can lose a lot of money or get into unpleasant situations. This can be explained by any force majeure situations or incorrect execution of settlement documentation.

Bank may appoint a responsible person, which will act as an agent when working with payment orders. It uses certificates and supporting documents about their execution to record and control payment transactions.

All codes for currency transactions are divided into groups and each is responsible for a specific type of payment. These include:

1. Operations performed by residents in without in cash.
2. Transactions carried out by non-residents via non-cash form.
3. Investment payments.
4. Payments related to non-trading transactions.

Foreign exchange transactions that are associated with the movement of capital are those that are carried out between two persons and do not relate to current. Current operations are those that do not have restrictions, but the exception is the conduct of foreign exchange transactions involving the execution of a transfer by a resident through a gift agreement.

It is also worth noting that for transactions in Russian currency there is one form for everyone. In turn, when conducting foreign exchange transactions with foreign currencies, you can use free form payment order. But remember that you should still contact a specialist in this field to avoid trouble. By approaching this issue responsibly, problems with transaction codes and, accordingly, transferring funds will not arise.

Currency transactions in 1C Accounting are presented in this lesson.

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We discussed payment issues in a separate consultation wages. What are the specifics of paying salaries to non-residents? We'll talk about this in our material.

Who are non-residents

Foreign citizens and stateless persons who work for an employer and do not have a residence permit in the Russian Federation are recognized as non-residents for the purposes of currency legislation (clause 7, part 1, article 1 of Federal Law No. 173-FZ of December 10, 2003). This concept should not be confused with the concept of a non-resident for the purpose of calculating personal income tax (clause 2 of article 207 of the Tax Code of the Russian Federation). After all, even if foreign worker who does not have a residence permit in the Russian Federation, is on the territory of our country for 183 or more calendar days over the next 12 consecutive months, he does not become a resident of the Russian Federation from the point of view of currency legislation

Cash or non-cash

Payment of wages by an employer to a non-resident is recognized as a currency transaction (subclause b, clause 9, part 1, article 1 of Federal Law No. 173-FZ of December 10, 2003).

Moreover, unless otherwise provided by Federal Law No. 173-FZ dated December 10, 2003, settlements for currency transactions are made by resident legal entities through bank accounts (paragraph 1, part 2, Article 14 of Federal Law No. 173-FZ dated December 10, 2003).

Payment of wages for a limited list of transactions that resident organizations can carry out in cash in the interests of non-resident individuals, in Part 2 of Art. 14 is not named.

Moreover, the Federal Tax Service confirmed that wages to a non-resident employee can only be paid in non-cash form (Letter of the Federal Tax Service dated August 29, 2016 No. ZN-4-17/15799).

And for carrying out an illegal currency transaction, a fine is imposed on citizens, officials and organizations in the amount of 75% to 100% of the amount of the illegal currency transaction (in this case, wages paid in cash).

At the same time, the current currency legislation does not oblige a non-resident employee to open a bank account to receive his salary.

In addition, in para. 2 hours 2 tbsp. 5 of Federal Law No. 173-FZ of December 10, 2003 states that unless the Central Bank of the Russian Federation or the Government of the Russian Federation has established a special procedure, currency transactions are carried out without restrictions.

The decision of the Supreme Arbitration Court of the Russian Federation dated January 27, 2014 No. VAS-19914/13 confirmed that the payment of wages to a non-resident from the employer’s cash desk is not an illegal currency transaction, therefore the employer cannot be held liable in accordance with Part 1 of Art. 15.25 Code of Administrative Offenses of the Russian Federation.

Consequently, it can be assumed that both the issuance of wages in cash and the transfer of it to the account of a non-resident are equivalent from the point of view of its legality and are determined only by the agreement reached on this issue by the employee and the employer.

If the employee has written an application to transfer wages to the bank. the employer must transfer the money by bank transfer. Otherwise, the money will be issued from the cash register on a general basis.

But the employer still should not forget about the position of the tax department in the event that he is not ready to defend his case in court.

Do I need a currency transaction code?

If when issuing wages to a non-resident from the cash register there are no special features in terms of paperwork compared to issuing wages to residents, then when transferring money to the bank you need to be more careful.

When registering a payment order for salary transfer, in the “Purpose of payment” field before the text part, you must indicate the currency transaction code in curly brackets. When issuing wages, this code is code 70060 “Calculations related to the payment by a resident to a non-resident of wages and other types of remuneration, with the exception of calculations under code 70125.” Apart from the code, there should be no other characters or even spaces in the curly brackets (clause 3.2 of the Bank of Russia Instruction No. 138-I dated June 4, 2012).

How to correctly indicate the currency transaction code

When transferring a salary to a non-resident, the payment purpose may look like this:

Salary for October 2016

Also read:

Then suddenly such a problem arose with the bank.
I tried to pay an employee's salary by bank transfer using a payment order. Those. The LLC debits funds from its corporate account and sends them to the account of the individual. faces. For specifics, an LLC account in VTB-24, and an individual account. persons in Sberbank.
Not only that, I also paid personal income tax.
What happened as a result? The bank missed the personal income tax payment. But no salary!
I went to Bank Client Online. There's an error message like this:

01 CURRENCY CONTROL FAILURE. CURRENCY OPERATION CODE UNSPECIFIED (Central Bank INSTRUCTION 138-I). DOCUMENT DELETED

I called the VTB-24 call center. There the girl told me that their bank did not miss the transaction, because... They have a physical system in their system. the person passes as a non-resident!
And now we need it on Monday. call the currency control department and deal with them. Here I have 2 questions:
1.) Regarding resident-non-resident. As I understand it, we are talking about a tax resident. It seems that the law does not talk about any other cases. But there we are talking about physical presence on the territory of the Russian Federation, and not about the presence of Russian citizenship. OR banks have a different interpretation and they simply automatically classify all non-citizens of the Russian Federation as non-residents with all that that implies. I just don’t know what to do - either demand satisfaction, or give up and do as they tell. The Central Bank is generally zero. Empty place. I already complained to them about the bank. Waste of time came out;
2.) Now about personal income tax and the Tax Service. It turns out that the payment has been made, but the salary has not been paid. And what should we do about it?

Read also: Sample order for absenteeism without dismissal

and the account is physical. persons in Sberbank.
Write the first 5 digits of the individual’s account here.

As I understand it, we are talking about a tax resident. No, we are talking about residency under the foreign exchange law. There are other definitions.

grisha1974,
If the payment is in rubles to a non-resident, then the currency transaction code is indicated in curly brackets in the purpose of the payment. Apparently this is the reason for the refusal.

The bank does not care about tax residency. What country are you a citizen of?

grisha1974, then, in the overwhelming majority of cases, residents are citizens of the Russian Federation. This is the entire population of our country, with rare exceptions.
If a bank has opened an account for an individual as a non-resident, then he is a non-resident. The bank will open a regular account for a resident, like all other citizens of our country. You cannot change the bank’s decision to open an account, so in any case for you it will be a transfer to a non-resident
PS: Can you stop trying to make claims to those who answer you? This has been suggested to you more than once on more than one forum.

Oh yes, you didn’t mention that you are the recipient. Therefore, you should have known whether you have a bank account as a resident or not.
But you didn’t write this in our forum 🙁

Your so-called The “rare exception” is HUNDREDS OF THOUSANDS of people.
P.S. What makes you think that I knew that they would suddenly find fault with immigration status? Besides, how do I know what my score is? Where is that written? NO ONE notified me about this.

What makes you think that I knew that they would suddenly find fault with immigration status?

Your so-called The “rare exception” is HUNDREDS OF THOUSANDS of people. On a national scale, these are the exceptions. And not all organizations encounter such people in their work. And not hundreds of thousands have a residence permit in Russia 😉 And actually, I meant with the exception of citizens of the Russian Federation who have a residence permit in another country. Read carefully.

What kind of brackets are these?

You have opened a non-resident account. When opening an account, you provided the relevant documents to the bank. How could you not know this? (

On a national scale, these are the exceptions. And not all organizations encounter such people in their work. And not hundreds of thousands have a residence permit in Russia 😉 And actually, I meant with the exception of citizens of the Russian Federation who have a residence permit in another country. Read carefully.

I didn’t write that I didn’t know what kind of papers I gave to the bank when I opened an account with it. I meant that I did not know what account (its TYPE) was opened to me, and especially since it might have something to do with the transaction that I was trying to carry out. A Russian company in Russia, a local employee and payment in rubles. And citizenship. who cares what it is? Even Bermuda. What does this change here and to whom? People just have nothing to do and they come up with idiotic laws that must also be observed. It would be better if the roads were repaired. And it turns out interesting - when a non-resident receives a salary by check, then everyone is calm, but when it is by bank transfer, suddenly there is a problem. What's the difference anyway? If it was in foreign currency or payment abroad, then it would be different. So why are they fooling me?

Citizens of the Russian Federation who have a residence permit in others have nothing to do with fear. Are we talking about them?

Maybe not hundreds of thousands, but HUNDREDS - what's the difference. But it's certainly not uncommon. Even if I were the only one, what do I care about others when the thread was about my problem? What do others have to do with it anyway?
We'll wait until Monday and see what they tell me. exchange control VTB 24.

It is precisely in the Central Bank instruction to which the bank referred, No. 138-I, that the requirements for filling out settlement documents are indicated. One of the features when making a payment to a non-resident is the indication of the currency transaction code. But because payment is in rubles, there is no separate field for the code, unlike a foreign currency payment. Therefore, the VO code is indicated at the very beginning of the “payment purpose” column in the format

Thanks for your reply!
How to correctly:

The torment continues. Sberbank refused to transfer the salary. Allegedly incorrect details. As it turned out, most likely the problem was in the patronymic. It’s just that when I opened a bank account at Sberbank last year, they insisted on entering my middle name. There is no middle name in the passport (and not in the notarized translation either). And now they have canceled my middle name and say that everything needs to be redone again and, in theory, everything will be okay.
Either because they are lazy or they can't do it. They might be able to initiate a refund to VTB-24. And so we need to go to Sberbank again and find out this point too. Otherwise you have to wait another 3 days. day and then, in theory, the money will automatically return to VTB.

Read also: Compensation for unused vacation upon layoff

Maybe you can open an account with VTB 24 for salary?

Why should I open something that has already been open for more than a year? I have an account with VTB-24, but I don’t use it because... The bank is a bit far away, it’s stuffy and there are queues.

Directory of codes for types of currency transactions (2016-2017)

Where are KVVO used?

Codes of types of currency transactions are used by payers when filling out payment documents in rubles in situations where one of the parties is a non-resident (whether it is the payer himself, the recipient of the money, or a non-resident bank where an account is opened for another resident person).

CCBOs are necessary to ensure control, monitoring and analysis of information on ongoing payment transactions between residents/non-residents.

Currency transaction code indicated in the certificate filled out by the resident:

• when crediting/debiting money (in Russian rubles) from/to a non-resident;
• when crediting foreign currency to a transit account or debiting funds in foreign currency from a current account.

KKVO are also needed to conduct foreign exchange transactions in the form of debiting Russian currency from the bank account of a resident/non-resident. In this case, in authorized bank a payment order is provided.

The list of CVBOs is given in Appendix No. 2 to Bank of Russia Instruction No. 138-I dated June 4, 2012.

Procedure for using KVVO

Currency transaction type code is entered in the appropriate column of the payment document, where the purpose of the payment is indicated. Before the five-digit number indicating the required operation code, two Latin letters - V and O - must be entered without a space.

All alphanumeric code must be enclosed in curly braces. The entry should look like this:

where xxxxx is the code required for the currency transaction.

Any CVBO is conventionally divided into two parts, where the first two digits indicate the group into which similar currency transactions are combined, and the remaining three digits are a number that specifies the transaction being performed, carried out in accordance with currency legislation.

Decoding of digital values ​​of groups:

When making cash payments, it will be useful to familiarize yourself with the rules that you will find in our article “Is your cash discipline okay?” .

Features of the currency transaction code “salary to non-resident”

If a resident pays a salary to an employee who is listed in the bank as a non-resident (has a different citizenship), then when issuing a payment order, the KVVO must be indicated. If this is not done, the bank will not accept the payment order for execution, since it violates currency legislation.

When transferring a salary to such a foreign citizen, you should indicate the code 70060. It is important not to forget to simultaneously issue a payment for personal income tax payment and insurance premiums, so as not to violate tax laws.

About deadlines personal income tax transfers to the budget when paying salaries, read our article "When to list income tax from your salary? .

Currency transaction code 10100

These are settlement transactions of non-residents for prepayment to a resident for goods exported from Russia.

Currency transaction code 10200

Currency transaction type code 10200 denotes payments made by a non-resident to a resident in the event of a deferred payment for products exported from the Russian Federation.

Currency transaction code 11100

Currency transaction type code 11100 - These are settlement transactions of a resident for prepayment to a non-resident for goods imported into Russia.

Currency transaction code 11200

11200 — code of the type of currency transaction. denoting settlements by a resident if a non-resident has given a deferred payment for products imported into Russia.

12060 — currency transaction code

This operation is the fact of payment by a resident to a non-resident for goods sold abroad without their import into Russia.

13010 — currency transaction code

Payment from a non-resident to a resident for products sold in Russia.

Currency transaction type code 20100

20100 — currency transaction code. denoting an advance payment by a non-resident for services/work provided by a resident, etc.

Currency transaction code 20200

Currency transaction type code 20200 V payment document means that a non-resident pays for work/services performed by a resident, etc.

20400 — currency transaction code

This code marks an operation to carry out settlements under commission agreements (instructions, provision of guarantees) from a non-resident (principal, principal or principal) in favor of a resident (attorney, agent, commission agent).

Currency transaction code 20500

This is how settlements are noted within the framework of the execution of commission agreements (assignments, provision of guarantees) from a resident (attorney, agent, commission agent) to a non-resident (principal, principal or principal).

Currency transaction code 21100

Currency transaction type code 21100 in the payment document (certificate) indicates an advance payment by a resident in favor of a non-resident - performer of work (services).

21200 — currency transaction code

Currency transaction type code 21200 represents a resident's payment for services performed by a non-resident.

Currency transaction code 35030

This code is set if a payment is made from a non-resident to a resident for other foreign trade transactions.

Currency transaction code 41030

This CCBO means that settlements are being made for the transfer of funds on credit by a non-resident in favor of a resident.

42015 — currency transaction code

This code marks transactions carried out by a resident in connection with the repayment of the principal debt to a non-resident as part of the fulfillment of loan obligations.

Currency transaction code 61100

This code marks currency transactions involving the movement of foreign currency from one resident’s transit account to another.

Currency transaction code 61135

This is a transfer of foreign currency from a resident’s account opened in one bank to a similar account opened in another bank.

Currency transaction code 70060

This code indicates that a resident has paid a salary to a non-resident.

Currency transaction code 70205

Other settlements carried out by a resident to a non-resident for transactions that are not trade.

99090 — currency transaction code

All other currency transactions that were not mentioned under all other codes.

Currency transaction code 35040

Settlements made by a resident in favor of a non-resident for other foreign trade transactions.

A non-resident employee received a salary card from the bank. When transferring funds to it (a sample payment order was sent based on the sample of currency transactions on a current account), the bank withheld 6.5% of the commission from the organization. Are foreign exchange rules applicable to this transaction?

Yes, such a transaction is subject to the rules of currency legislation.

Lyubov Kotova answers,

Head of the Department of Legal Regulation of Insurance Premiums of the Department of Tax and Customs Policy of the Ministry of Finance of Russia

"Now on title page The calculation includes the fields “OKVED code”, “Number of working disabled people”, “Number of workers engaged in work with harmful and dangerous factors”. Previously, you indicated this data in section II. IN new form the report has neither section I nor section II. Instead there are six tables. How to fill them out? Read the recommendations. There you will find ready-made example calculation."

Residents for the purposes of currency control, in particular, are recognized as:
– citizens of Russia (except for those who permanently reside in a foreign country);

– Foreign citizens and stateless persons who permanently reside in Russia on the basis of a residence permit.

Rest individuals are non-residents.

Therefore, when paying salaries to non-residents, it is necessary to use the provisions of Law No. 173-FZ of December 10, 2003.

The rationale for this position is given below in the materials of the Glavbukh System

Situation: How to transfer salary to a foreigner

Foreign employees can be either residents or non-residents.

Payments in foreign currency are subject to complicated controls. Banking institutions check transactions. They analyze all the conditions of the operation and establish their compliance with the law. A currency transaction code is a tool that facilitates verification and identifies the type of document.

What is a currency transaction type code?

KVBO is a five-number value indicating the type of transaction. The code is selected depending on the purpose of the payment and the content of the documents accompanying the transaction. If the payment order and code do not match, the payment is rejected. The list of QVBOs is contained in Central Bank Instruction No. 181-I dated August 16, 2017.

Where should I put the code? If this is an order for a transaction in rubles, you need to put it before the text about the purpose of payment. In other banking documents, KVVO is indicated in a line specially designated for this. The code is both alphabetic and numeric values. There is no need to put spaces or other symbols between letters and numbers.

KVVO consists of two parts. The first indicates the class of the transaction, the second – its essence. Let's look at an example. Operation code – 10100. Its components:

• 10 – indicates the export of products from the territory of Russia.
• 100 – indicates that the buyer made an advance payment.

The very presence of this code means that this is a transaction with a foreign counterparty.

FOR YOUR INFORMATION! Sometimes an accountant encounters problems when choosing a KVBO. There are a lot of codes in the Central Bank instructions. It is not always easy to decide which one is suitable for a particular operation. If an accountant is afraid of making a mistake, he can ask a representative of the servicing bank for advice.

When is a code needed?

KVVO is needed for these operations:

• Payment for services or products in foreign currency. Money is transferred from a resident to a non-resident.
• Ruble money transfer from a non-resident.
• Debiting currency to the account.
• Settlements with a non-resident banking institution.

Typically, the code is required when filling out an application for a currency transfer, order, or certificate. That is, it is needed when preparing bank papers.

Code groups

The KVVO group is the first 2 digits that reveal the class of the operation. Let's look at these groups and their meaning:

• 01 and 02 – non-cash conversion payments.
• 10 and 11 – payment for export or import of products.
• 12 and 13 – payment for products without import and export.
• 20 and 21 – payment for services, work, rights to intellectual activity.
• 22 and 23 – payment under mixed type agreements.
• 30 – payments for real estate.
• 32 – payment under an agreement for assignment of claims.
• 35 – other payments.
• 40 and 41 – issuance of loans.
• 42 and 43 – payment of loans and interest on them.
• 57 – payment under trust agreements.
• 58 – payment under brokerage service agreements.
• 70 – transactions not related to trade (for example, transfer of salary or pension).
• 90 – other operations.

The next three numbers reveal the contents of the operation. Example: code 70 affects a non-trading transaction. The last numbers indicate which transfer was made. For example, this could be the payment of travel allowances.

KVBO for operations

Here are the codes that usually accompany operations:

• 10100. Prepayment for the export of a batch of products from the territory of Russia.
• 10200. Deferred payment for a shipment transported out of the country.
• 11100. Advance payment to a foreigner for products imported into the country.
• 11200. Settlements with a resident if he is given a deferred payment for a consignment imported into the country.
• 12060. Payment for goods sold by a non-resident. It is assumed that the products were sold abroad, without import into the Russian Federation.
• 13010. Payment from a foreigner to a resident for goods sold in Russia.
• 20100. Prepayment of services or goods in favor of a resident.
• 20200. Payment between a non-resident and a resident for services or work.
• 20400. Payments under agreements on assignments, guarantees to the resident.
• 20500. Payments under guarantee agreements to a non-resident.
• 21100. Advance payment for services or work in favor of a foreigner.
• 35030. Payment to the resident for other actions.
• 35040. Payment in favor of a foreigner for other actions.
• 41030. Lending to a resident by a non-resident.
• 42015. Payment of the principal debt to a non-resident, if the resident has corresponding obligations.
• 61100. Movement of currency from one account to another.
• 61135. Transfer of currency from a resident’s account to an account in another bank.
• 70060. The resident transfers remuneration to the foreigner for work.
• 99090. Other actions and translations not listed above.

This is a list of the most common KVBOs. The remaining codes are in Central Bank Instruction No. 181.

Other operations

KVBO is also needed when working with foreign currency:

• 01010 – sale of currency for rubles.
• 01030 – purchase of currency for rubles.

Code usage example

Products were purchased from a non-resident. It was transported to Russia based on the provisions of a foreign trade agreement. The required code depends on the selected payment type:

• 10100 – for prepayment.
• 10200 – postpaid.

What to do if the goods of a non-resident are located in Russia? Code 13010 is used. The validity of its use is confirmed by an invoice with the Russian address of the product location.

FOR YOUR INFORMATION! Code 13010 is not suitable for fuel and other resources for vehicle operation. The purchase of fuel is accompanied by these KVBO: 22110 (prepayment transaction) and 22210 (postpayment).

Code when paying wages to a non-resident

The company's staff may include non-residents. A non-resident is any person without a Russian passport or citizenship. Within the framework of currency control, it does not matter how long the foreigner lived in Russia. In any case, he is considered a non-resident. When paying remuneration to a foreign person, codes are also used.

Payments in favor of a non-resident are indicated by code 70060. But to use this KVBO, it is not enough to provide only a payment order to the bank. Most likely, you will also need an employment agreement with a foreigner and a copy of his passport.

Remuneration for an employee is not only salary, but also other payments. And each payment is assigned its own code:

• 70200 – payments according to the advance report (for example, travel expenses).
• 70030 – social payments (for example, financial assistance).
• 70120 – payments made by court decision.

Upon payment, accompanying documents are sent to the bank. Their list depends on the type of operation. For example, a non-resident is accrued travel allowances. In this case, a business trip order is sent to the bank.

Where to put the code

KVVO fits into the instructions. The form of this document was approved by the Central Bank on June 19, 2012 (Regulation No. 383). However, the order does not contain the line “Currency Transaction Code”. What to do? The code is placed in the “Payment purpose” field.

VO is written first, and then the code numbers. Afterwards the value is enclosed in parentheses. The CVBO looks like this: (VO01030). No spaces are allowed inside parentheses.

What happens if there is no code in the order?

If there is no code in the order or it is indicated incorrectly, the bank rejects the payment. The basis for the deviation is the inability to control the movement of funds. If the bank sent the payment order back, you will have to fill it out again, but this time indicating the KVBO.

Currency transaction code in payment order filled in when carrying out some currency transactions. In this article, we will look at how to fill out this detail and learn about the regulatory documents governing this situation.

Type of currency transaction in a payment order

Which business transactions fall under the definition of “currency”, defined in paragraph 9 of Art. 1 federal law"ABOUT currency regulation and currency control" dated December 10, 2003 No. 173-FZ.

Among foreign exchange transactions there are also those that are associated with the transfer of rubles. It is for them that the transaction type code is provided for filling in the payment order. All types of such operations are described and systematized in Appendix No. 2 to Instruction No. 138-I of the Bank of Russia dated 06/04/2012. Each type is assigned a specific code consisting of numbers.

In which field of the payment order should I fill in the code?

The payment order form is approved by Bank of Russia Regulation No. 383-P dated June 19, 2012. But in this form there is no explicit field for entering the operation type code. Therefore, it is entered in the “Purpose of payment” field, and there are clear instructions about this in clause 3.2 of Chapter 3 of Instruction No. 138-I, both for residents and non-residents.

Filling procedure

Before the text in the “Purpose of payment” field we write VO in Latin letters, followed by the transaction code from Appendix 2 of instruction No. 138-I, and we enclose all this in curly brackets.

Example. { V.O.01030) is a purchase by a resident of foreign currency for rubles.

Important! Latin letters are in capital letters only; spaces cannot be placed inside parentheses.

You will find codes for types of operations in the material.

The code is incorrectly selected and filled in - what to do?

If, when drawing up a payment order, the code for the type of currency transaction was incorrectly specified, the bank will return such a document. And he will be right, since he must control the submitted documents (Chapter 18 of instructions No. 138-I). In this case, the organization has only one option - to redo the payment card.

But there are a number of cases when you don’t have to compose at all. settlement documents. And if they are compiled, then you don’t have to write the code. And this should not be a reason for returning the document from the bank. Such situations are described in paragraph 3.3 and paragraph 3.4 of Chapter. 3 instructions No. 138-I.

Another option when an organization can be sure that the bank will accept its documents is to include clauses in the agreement with the bank stating that the bank will draw up payment orders for foreign exchange transactions on the basis of the documents that the organization provides.

Results

The transaction type code in the payment order must be filled in for those transactions that are foreign exchange from the point of view of the Law “On Currency Regulation” dated December 10, 2003 No. 173-FZ and are carried out in rubles.

The code is written in the “Payment purpose” field before the text: (VOХХХХХ), where ХХХХХ are the numbers from Appendix 2 of instruction No. 138-I.

If the indicator is filled out incorrectly, the bank will return such documents.

The guarantee that the documents will be accepted by the bank is the conditions specified in the service agreement that payment orders are drawn up by the bank itself. This opportunity is provided by clause 3.6 of instruction No. 138-I.

The digital code of the currency transaction in the payment order is filled in when drawing up settlement documentation for payments in foreign currency. Why exactly do you need to provide such information and how? legislative acts are regulated by the KVBO - more on that later.

Based on sub. 3.1-3.4 Instructions of the Bank of Russia No. 138-I dated June 4, 2012, the execution of payment orders for foreign exchange payments requires the correct indication of the KVVO (code of the type of foreign exchange transaction). The five-digit indicator is entered in the line Purpose of payment at the beginning of the text sentence and has the following structure:

In this case, ***** is a designation of the type of foreign exchange transaction.

Note! Spaces in data inside curly braces are prohibited. Full list approved QUOs are contained in Appendix 2 to the Instructions.

What monetary payments are recognized as foreign exchange according to the provisions of Law No. 173-FZ of December 10, 2003:

• Write-off of ruble funds or their receipt in favor of/from a non-resident of the Russian Federation.
• Write-off of foreign currency funds or their receipt from/to the corresponding foreign currency bank accounts of residents, as well as non-residents.
• Write-off of any funds or their receipt from accounts (accounts) in banking institutions, recognized as non-residents.

Code of the type of currency transaction in a payment order - mechanism of action

Each of the existing digital VBOs is theoretically divided into 2 interdependent subparts. The first consists of two digits and implies the group of the currency transaction being performed; the second includes three numbers explaining the type of VO.

For example, KVVO 01030 is used to indicate the acquisition by a Russian enterprise of foreign currency for rubles by writing off finances from the account:

• 01 – monetary transactions non-cash transactions between participants-residents of the Russian Federation.
• 030 – purchase of any foreign currency for rubles.

Code of the type of currency transaction in a payment order - basic values

To better understand the essence of the topic, let’s consider the commonly used values ​​of KVBO. One of the most popular indicators is the code of the currency transaction for the salary of a non-resident. The specified coding is applied when an employer who is a resident of the Russian Federation transfers wages and other charges (with the exception of those attributable to code 70125) for the performance of labor duties to employees recognized as non-residents of our country.

• Currency transaction code 10100 – valid for mutual settlements between non-residents and residents as part of the transfer of prepayment for foreign economic activity when exporting products/goods abroad Russian border, incl. on agency transactions, on the execution of orders/commissions. In addition to gr. 22.
• Currency transaction code 10800 - used in mutual settlements between residents and Russian non-residents as part of the transfer of previously received cash surplus for the export of products outside the Russian Federation. Except KVVO 22800.
• Currency transaction code 11200 - denotes such payments by residents, the implementation of which takes into account the deferment provided by the non-resident party, including payment for intermediary relations. In addition to gr. 23.
• Currency transaction code 13010 – is valid for mutual settlements between non-residents and Russian residents for products sold in their home country. Except KVVO 22300, 22210, 22110.
• Currency transaction code 20200 – is valid for mutual settlements between non-residents and Russian residents for various types of work performed by the resident party, including information provided and products of intellectual activity. In addition to KVVO 20400, gr. 22, gr. 58.
• Currency transaction code 21100 - decoding implies the transfer of an advance by a resident to a non-resident. In addition to KVVO 21400, gr. 23, gr. 58.
• Currency transaction type code 21200 – valid for mutual settlements for non-resident services by a Russian resident. In addition to KVVO 21400, gr. 23, gr. 58.
• Currency transaction code 61100 – shows the transit movement (transfer) of foreign currency between the resident’s foreign currency bank accounts.
• Currency transaction code 70060 - used for non-trading settlements, or more precisely when a resident company pays a salary to a non-resident specialist. This also includes the issuance of other similar amounts. Except code 70125.
• Currency transaction code 99020 – used when returning funds to a non-resident in the event of an erroneous debit or credit.

Note! The full index of KVVO is located in Appendix No. 2 No. 138-I.