MCC 9223 - Payouts. Bonds 
The Merchant Category Code (MCC) 9223 is designated for “Payouts. Bonds,” primarily associated with transactions involving regulatory or government-issued bonds and similar payout instruments. This MCC is utilized by businesses and institutions that manage or distribute these financial products, offering a streamlined way to categorize transactions related to bond disbursements and related financial activities.
Types of Services
- Government Entities and Municipalities: Often use this MCC for transactions relating to municipal bonds and other government bond payouts.
- Financial Institutions: Banks and financial organizations that issue or manage bond payouts fall under this category.
- Bond Agencies: Companies specifically engaged in the issuance, management, or payout of various types of bonds.
Related MCCs
- MCC 9311: Tax Payments: Covers transactions related to tax payments, differing as it's more about collection rather than payout.
- MCC 9399: Government Services—Default: Used for a variety of government services which don’t fit in more specialized categories, including certain non-bond-related payouts.
FAQs
- What is the primary function of MCC 9223?
- It is used to categorize transactions related to the payout and management of bonds, primarily by government entities and financial institutions. - Who typically uses this MCC?
- Government entities, financial institutions, and agencies involved in bond issuance and payout usually use this MCC. - How does MCC 9223 differ from MCCs related to regular financial services?
- MCC 9223 specifically pertains to the payout and management of bonds, whereas other financial services MCCs might cover broader banking or financial services.
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