MCC 6211 - Securities 
MCC 6211, known as "Securities," is a Merchant Category Code that primarily serves businesses involved in the financial services sector, particularly those dealing with securities transactions. This MCC is designed for entities such as brokerage firms, investment companies, and other financial services providers facilitating the buying, selling, and trading of securities, including stocks, bonds, and mutual funds.
Types of Services
- Brokerage Services: Services facilitating the buying and selling of securities on behalf of clients.
- Investment Advisory: Offering tailored investment advice and portfolio management services.
- Mutual Fund Transactions: Handling the purchase and redemption of mutual fund shares.
- Trading Systems: Platforms and systems for automated trading or trading execution services.
Related MCCs
- MCC 6010: Financial Institutions - Manual Cash Disbursements: Covers cash withdrawal transactions primarily for manual disbursements within financial institutions.
- MCC 6011: Financial Institutions - Automated Cash Disbursements: Includes transactions at ATMs or other automated systems for cash disbursements.
- MCC 6300: Insurance Sales, Underwriting, and Premiums: Pertains to businesses involved in selling and underwriting insurance policies.
FAQs
- What businesses are classified under MCC 6211?
- Businesses that primarily deal in brokerage, investment advisory, and securities trading services fall under this category. - What type of transactions fall under this code?
- Transactions related to buying, selling, or trading stocks, bonds, mutual funds, and other securities. - How does MCC 6211 relate to ATMs?
- MCC 6211 does not directly relate to ATM transactions, which are categorized under MCC 6011 for automated cash disbursements.
MCC Categories
Agricultural Services Airlines Business Services Car rent Cars and vehicles Clothing stores Contract services Entertainment services Government Services Hotels / Resorts Mail / Telephone Sales Membership оrganizations Miscellaneous Stores Not categorized Personal services Professional services Repair services Retail Outlet Services Service provider Transportation Services Utility Services Wholesale suppliers and manufacturers