Key facts
Code summary
Code 641
Official title Monetary intermediation
Version PSIC 2019
Source layer PSA / BSP
Fi
PSIC 2019 Navigation-first hub 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...
Next step
Child codes
These are the next codes most users should open after this hub page.
Nearby codes
About this level
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.
Administrative context
Where this code is used
This group is used when reviewers compare a short list of classes such as Central banking and Other monetary intermediation and need to decide which family is the closest fit. It is common in internal classification review and administrative lookup work.
Selection note
How to choose it
Use this group when the activity sits between similar classes such as Central banking and Other monetary intermediation. The safest choice is the one whose wording matches the actual production, service or operating model most closely.
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.
FAQ
What does PSIC Group 641 cover?
PSIC Group 641 clusters a smaller family of classes under Monetary intermediation and is useful when the business sits between closely related options.
How do I compare Group 641 with sibling groups?
Look at the parent class and the nearby sibling groups. On this page, the most relevant nearby options are 642 Activities of holding companies and 643 Trusts, funds and other financial vehicles.
Why is Group 641 useful for classification?
It sits at the point where a broad sector is already narrowed enough to compare a small family of similar classes before the final code choice.