P1201 Purpose Code: Maintenance of foreign embassies in India

P1201 is the RBI purpose code for: Maintenance of foreign embassies in India. It sits in group 12, Government not included elsewhere, of the receipt purposes RBI uses to classify foreign exchange coming into India.

P1201 at a glance

CodeP1201
RBI wordingMaintenance of foreign embassies in India
RBI group12, Govt. not included elsewhere (G.n.i.e.)
StatusIn RBI's receipt purpose list
eBRC on DGFTNot an export receipt
Who attaches itThe AD bank that receives the payment

Can a P1201 remittance become an eBRC?

No, as a rule. RBI places P1201 outside both the exports of goods (group 01) and the service groups, so the money is not proceeds of an export, and an eBRC certifies export proceeds. DGFT's eBRC guidelines do not name P1201. If the payment was in fact for goods or services you exported, the classification is wrong, and the bank that reported it is the one to correct it.

The rule is DGFT’s, from its General Guidelines for Generating eBRC (last updated 26 March 2024). The full list, and what each rule means when you map remittances, is in how to generate an eBRC on the DGFT portal.

What this code says about the money

A purpose code is your bank speaking, not you. When a foreign payment reaches your account, the AD bank reports it with a purpose code that states the RBI classification of the transaction, and that report is the Inward Remittance Message, the IRM. A remittance carrying P1201 has been classified as: Maintenance of foreign embassies in India.

In FETERS reporting

FETERS is the Foreign Exchange Transactions Electronic Reporting System, the system under which Authorised Dealer banks report their foreign exchange transactions to the RBI, and its receipt purpose list is where P1201 is defined. That list, Annex I to A.P. (DIR Series) Circular No. 84 dated 29 February 2012, places P1201 in group 12, Govt. not included elsewhere (G.n.i.e.), and describes it as: Maintenance of foreign embassies in India. That is the wording a bank’s reporting desk works from, so it is the wording to match when you ask the bank what a remittance was reported as.

P1201 or a neighbouring code

The codes below are the ones most easily confused with P1201. The difference is in RBI’s wording, so the table quotes it, with what DGFT allows for each.

CodeRBI wordingeBRC on DGFT
P1201Maintenance of foreign embassies in IndiaNot an export receipt
P1203Maintenance of international institutions such as offices of IMF mission, World Bank, UNICEF etc. in India.Not an export receipt

If the code on your remittance looks wrong

The code is attached at reporting time by the bank, so the fix runs through the bank, not through DGFT. Ask the AD branch that received the payment to confirm the classification; an amended report shows up as a revised IRM. What each IRM status means, and what you can do with a remittance in each state, is in the IRM explainer, and the errors DGFT returns when a code does not fit the filing are in IRM mapping errors on DGFT. Exporters who agree the purpose code with their buyer's bank once, at onboarding, rarely meet this page twice.

Other codes in group 12

All 2 Government not included elsewhere purpose codes

P1201 is an RBI purpose code for an inward remittance, and it classifies the payment as: Maintenance of foreign embassies in India. It sits in group 12, Government not included elsewhere, of the receipt purposes Authorised Dealer banks report to the RBI.

No, as a rule. RBI places P1201 outside both the exports of goods (group 01) and the service groups, so the money is not proceeds of an export, and an eBRC certifies export proceeds. DGFT's eBRC guidelines do not name P1201. If the payment was in fact for goods or services you exported, the classification is wrong, and the bank that reported it is the one to correct it.

Your AD bank does, not you. When a foreign payment reaches the account the bank reports it to the RBI with a purpose code, and that report is the Inward Remittance Message, the IRM. The code arrives already attached, which is why a code that looks wrong is corrected through the bank rather than through DGFT, before the remittance is mapped to an eBRC.

In RBI's FETERS receipt purpose list, Annex I to A.P. (DIR Series) Circular No. 84 dated 29 February 2012, P1201 sits in group 12, Government not included elsewhere, and reads: Maintenance of foreign embassies in India. FETERS is the Foreign Exchange Transactions Electronic Reporting System, under which Authorised Dealer banks report their foreign exchange transactions to the RBI.

They describe different payments. P1201 means: Maintenance of foreign embassies in India. P1203 means: Maintenance of international institutions such as offices of IMF mission, World Bank, UNICEF etc. in India.. For an eBRC under DGFT's guidelines: P1201: Not an export receipt; P1203: Not an export receipt. The AD bank picks the code that describes the payment, from the 2 codes in group 12 and the rest of RBI's list.

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