This service code includes

- services which support the country's systems for clearing and settling payments and other financial transactions

- services of maintaining deposit accounts for major financial institutions and for the central government

- services of implementing monetary policy

- services of managing the government's foreign exchange reserves

- services of influencing the value of currency

- currency services under the authority of the central bank, including currency design and production, issuing, distribution and replacement

- fiscal agency services including advisory services to the government on matters relating to the public debt, issuing debt instruments, maintaining bondholder records and making interest and redemption payments on behalf of the government

- supervisory activities with regard to banks and/or non-banks if undertaken by the central bank

- other central banking services n.e.c.

This service code includes:

- demand, notice and term deposit services

- administration of bank accounts

- chequing services such as certification of cheques, exchanging cheques or withdrawal slips for money, remitting cheques forwarded for collection

- transferring money between accounts

- providing documents to clients

This service code does not include:

- wrapping, rolling or otherwise handling currency and coin on behalf of customers cf. 998542

- collection services of drafts, cheques and other bills of exchange received on a collection basis cashed or taken on deposit cf. 998592

- collection services of accounts or monies receivable under assignment of accounts or contracts, cf.998592

This service code includes:

- issuing and physical management of loans. These services may be provided by a number of different types of lenders, including, for example, banks and insurance companies.

- granting of loans for which the land or buildings are used as security - home equity loans

- granting of personal non-mortgage installment loans with scheduled repayment plans

- line-of-credit loan services, that is, loan services based on a commitment to lend funds to a borrower up to a specified amount

- consumer loan services, that is, loan services extended for financing consumer purchases of goods or services where the purchased good is generally used as collateral

- granting credit when the holder of a credit card uses it to buy a good or a service, regardless of whether the balance is paid in full at the end of the grace period

- granting loans to investment dealers and brokers, regulated financial institutions, federal, regional and local governments or non-profit institutions, foreign governments, and other businesses

- standby, commitment and other loan services including overdraft services

- providing letters of credit

- acceptance services, that is, agreements by a bank or other financial institution to pay a draft or a credit instrument issued by an institution

- sales financing services

- other credit-granting services n.e.c.

This service code does not include:

- real estate appraisal services, cf.997224

This service code includes:

- services of making equipment and other assets available to a customer without capital investment on the customer's part, whereby the lessor pays for and takes title to the equipment or facilities and leases it to the lessee while retaining few of the normal responsibilities of ownership

This service code does not include:

- operating leasing services, cf.9973

This service code includes:

- securities underwriting services

- guaranteeing the sale of an issue of securities at a stated price from the issuing corporation or government and reselling it to investors

- engaging to sell as much of an issue of securities as possible without making a guarantee to purchase the entire offering from the issuer

This service code includes:

- underwriting services of annuities, i.e. plans which provide income payments at regular intervals .Plans may require a single contribution or a series of contributions; may be compulsory or optional; may have nominal benefits determined in advance or dependent on the market value of aspects supporting the plan; and, if related to employment, may or may not be portable with a change in employment. The duration of the period during which benefits are paid may be fixed in terms of a minimum or maximum; there may or may not be survivors' benefits.

- underwriting services of plans which provide income payments at regular intervals to members of groups. Plans may require a single contribution or a series of contributions; may be compulsory or optional; may have nominal benefits determined in advance or dependent on the market value of assets supporting the plan; and, if related to employment, may or may not be portable with a change in employment. The duration of the period during which benefits are paid may be fixed in terms of a minimum or maximum; there may or may not be survivors' benefits.

This service code does not include:

- portfolio management services (except pension funds), cf.997153

- trust services, cf. 997154

- pension fund management services, cf. 997164

- pension fund administration, cf. 997169

This service code includes:

- underwriting services of insurance policies which provide for the payment of claims to beneficiaries contingent upon the death of the insured individual or upon the maturation of the policy. Policies may provide pure protection or may also contain a savings component. Policies may cover individuals or members of groups.

This service code does not include:

- accidental death insurance services, cf. 997133

This service codes includes:

- underwriting services of insurance policies which provide accidental death and dismemberment insurance, that is, payment in the event than an accident results in death or loss of one or more bodily members (such as hands or feet) or the sight of one or both eyes

- underwriting services of insurance policies which provide protection for hospital and medical expenses not covered by government programmes and, usually, other health-care expenses such as prescribed drugs, medical appliances, ambulance, private duty nursing, etc. - underwriting services of insurance policies which provide protection for dental expenses

- underwriting services of insurance policies which provide periodic payments when the insured is unable to work as a result of a disability due to illness or injury

This service code does not include:

- life insurance services, cf. 997132

- travel insurance services, cf. 997136

This service codes includes:

- underwriting services of insurance policies which cover risks relating to the use of motor vehicles, including those used to transport paying passengers. Risks covered include liability and loss of or damage to the vehicle.

- freight motor vehicle insurance services

This service code includes:

- underwriting services of insurance policies which cover risks relating to the use of commercial passenger and freight vessels, whether operating on oceans, coastal waterways or inland waterways, commercial aircraft, railway rolling stock

- satellite launching insurance services

Note: Risks covered include liability, hull damage or loss of the vessel, and loss of or damage to aircraft or railway rolling stock 

This service code does not include:

- underwriting services of insurance policies for non-commercial vessels and aircraft cf.997133

This service code includes:

- underwriting services of insurance policies which provide coverage, additional to that provided by transport companies, for risks of damage to or loss of freight

- underwriting services of insurance policies which provide protection for travel related expenses (typically provided in a package), such as trip cancellation, interruption or delay, lost, delayed or damaged luggage, accident and health medical expenses, repatriation of remains

This service code does not include:

- motor vehicle insurance, cf.997134

This service code includes:

- underwriting services of insurance policies which cover risks of damage to or loss of property excluding that covered in service code99 7134 (Motor vehicle insurance services), 997135 (Marine, aviation, and other transport insurance services) and 997136 (Freight insurance services). Risks covered may include fire, theft, explosion, storm, hail, frost, natural forces, radioactive contamination and land subsidence

- underwriting services of insurance policies for non-commercial vessels and aircraft

- underwriting services of insurance policies for boilers and machinery, which covers property spoilage from lack of power, light, heat, steam or refrigeration

This service code includes:

- underwriting services of insurance policies which cover risks of all types of liability including liability for defective products, bodily injury, property damage, pollution, malpractice, etc., other than liability covered in service code 997134 (Motor vehicle insurance services),997135 (Marine, aviation and other transport insurance services) and 997137 (Other property insurance services)

- underwriting services of insurance policies which cover risks of excessive credit losses because of debtor insolvency

- underwriting services of insurance policies which cover risks of nonperformance or failure to satisfy a contractual financial obligation by a party to a contract or agreement

- underwriting services of policies for legal expense insurance, mortgage insurance, fidelity insurance or title insurance

- underwriting services of insurance policies which cover risks of miscellaneous financial loss, that is, expenses arising from the following risks: loss of employment, insufficiency of income (general), bad weather, loss of benefits, continuing general expenses, unforeseen trading expenses, loss of market value, loss of rent or revenue, indirect trading losses (other than those mentioned above), other financial loss (non-trading) and other forms of loss

- underwriting services of insurance policies which cover other non-life risks n.e.c.

This group includes services of assuming all or part of insurance policies originally underwritten by other insurance carriers

This service code includes reinsurance services for life insurance, reinsurance of annuities etc.

This service code includes reinsurance services for accident and health insurance, reinsurance of annuities etc.

This service code includes reinsurance services for motor vehicle insurance policies

This service code includes reinsurance services for marine, aviation and other transport insurance policies

This service code includes reinsurance services for freight insurance policies

This service code includes property reinsurance services, other than for motor vehicles and freight

This service code includes:

- liability reinsurance services

- reinsurance services for surety bonds 

- non-life reinsurance services, not elsewhere specified

This service code includes:

- services of counsellors and negotiators in arranging mergers and acquisitions

- services of arranging corporate financing, including debt financing, equity financing, venture capital financing

- other services related to investment banking n.e.c.

This service code does not include:

- portfolio management services, cf. 997153

- trust and custody services, cf.997154

- stock price quotation services made available through an information server, cf.998439 

- supply of financial news to the news media, cf. 99844

This service code includes:

- brokerage services (that is bringing together purchasers and sellers of the same instrument) for securities

- services of acting as a selling agent of units, shares or other interests in a mutual (investment) fund

- sales, delivery and redemption services of government bonds

- brokerage of options

- brokerage services for commodities and commodity futures, including financial futures

- brokerage services for financial derivatives

- computer-based clearing and settlement for interchange of debits, credits and transfer of ownership of securities

This service code includes:

- managing portfolio assets of others, on a fee or commission basis, except for pension funds

Note: Managers make decisions on which investments to purchase or sell. Examples of the portfolios managed are the portfolios of mutual and other investment funds or trusts

This service code does not include: 

- management of pension funds, cf.997164

- personal financial planning advisory services not involving decision-making on behalf of clients, cf.997159

- buying and selling of securities on a transaction fee basis, cf.997152

This service code includes:

- estate and trust management and administration services

- services of acting as a trustee of investment funds or pension funds

- services of acting as trustee for securities (administrative services related to the issue and registration of securities, and payment of interest and dividends)

- provision, under instructions, of safekeeping of and accounting for valuable and usually income

- bearing personal property, including securities

- safekeeping services

- safe deposit services

- security custody services

- audit confirmation services with respect to customers' securities held for safekeeping

This service code includes:

- administrative services of furnishing space and other facilities necessary for the operation of security and commodity exchanges

- services of regulating and monitoring financial markets and participants in those markets

- other financial market administration services n.e.c.

This service code does not include:

- security custody services, cf. 997154 

- stock price quotation services made available through an information server, cf.998439

- supply of financial news to the news media (Group 99844)

This service code includes financial advisory services, market analysis and intelligence

This service code does not include:

- insurance and pension consultancy services, cf.997169

- mergers and acquisitions services, cf. 997151

- corporate finance and venture capital services, cf. 997151

- portfolio management services (except pension funds), cf.997153

- trust and custody services, cf.997154

- pension fund management services, cf. 997164

- advisory services on taxation matters, cf.99823

- financial management consulting services (except business tax), cf.998311

This service code includes foreign currency exchange services provided by bureau de change, etc.

This service code includes:

- services of processing financial transactions such as verification of financial balances, authorization of transactions, transfer of funds to and from transactors' accounts, notification of banks (or credit card issuers) of individual transactions and provision of daily summaries

- services of clearing cheques, drafts and other payment orders

- debit card and credit card merchant services

This service code does not include:

- services of processing securities transactions, cf.997152

This service code includes mortgage and loan brokerage services

This service code does not include

-coin and currency package services, cf998542

This service code includes services of selling insurance and pension products

This service code includes:

- services of investigating insurance claims, determining the amount of loss or damages covered by insurance policies and negotiating settlements

- services of examining claims which have been investigated and authorization of payments

- damage assessment services

This service code includes:

- services of calculating insurance risks and premiums

This service code includes:

- pension fund management services

This service code includes:

- administration of insurance and pension funds

- salvage administration services

- insurance and pension consultancy services

This service code includes:

- services provided by holding companies, i.e. holding securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest

This service code includes:

- services provided by legal entities that are organized to pool securities or other financial assets, without managing, on behalf of shareholders or beneficiaries