Group 641 - Monetary intermediation
PSIC Group 641 covers Monetary intermediation. Direct children below it include Central banking and Other monetary intermediation. It clusters closely related activities and helps compare nearby classes before choosing...
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Nearby codes
Practical summary
Group 641 sits in the PSIC 2019 hierarchy under K Financial and Insurance Activities > 64 Financial Service Activities, except Insurance and Pension Funding. This group usually narrows the choice to a small family of classes such as Central banking and Other monetary intermediation. It is useful when two or three neighboring activities look similar but should not be collapsed into one code.
Official note
Source-backed description
This group includes the obtaining of funds in the form of transferable deposits, i.e. funds that are fixed in money terms, and obtained on a day-to-day basis and, apart from central banking, obtained from financial sources.