NAICS 522320
What is the NAICS code 522320?
The NAICS code 522320 is applied to those industries related to Financial Transactions Processing, Reserve, and Clearinghouse Activities.
This industry comprises establishments primarily engaged in providing one or more of the following: (1) financial transaction processing (except central bank); (2) reserve and liquidity services (except central bank); and/or (3) check or other financial instrument clearinghouse services (except central bank).
Illustrative examples:
- Automated clearinghouses, bank or check (except central bank)
- Credit card processing services
- Check clearing services (except central bank)
- Electronic funds transfer services, including peer-to-peer payment services
Therefore, all companies engaged in any industrial activity related to this type of business are grouped under category 522320 in the North American Industry Classification System.
This industrial activity of NAICS code is structured as follows:
- 52 - Finance and Insurance
- 522 - Credit Intermediation and Related Activities
- 5223 - Activities Related to Credit Intermediation
- 52232 - Financial Transactions Processing, Reserve, and Clearinghouse Activities
- 522320 - Financial Transactions Processing, Reserve, and Clearinghouse Activities
Characteristics of the North American Industry Classification System code 522320
NAFTA
This code is only used in the North American Industry Classification System (NAICS). It´s to say, it is not used in the North American Free Trade Agreement (NAFTA): United States, Canada, and Mexico.
Related codes
The NAICS industry 522320 has the following cross-references:
- Establishment primarily engaged in furnishing physical or electronic marketplaces for the purpose of facilitating the buying and selling of securities and commodities are classified in Industry 523210, Securities and Commodity Exchanges.
- Establishments of the central bank primarily engaged in check clearing and other financial transaction processing are classified in Industry 521110, Monetary Authorities-Central Bank.
- Establishments primarily engaged in credit card issuing and related financial transaction processing are classified in Industry 522210, Credit Card Issuing.
- Establishments primarily engaged in nonfinancial data and electronic transaction processing (except payroll processing services) are classified in Industry 518210, Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services.
- Establishments primarily engaged in operating commodity or securities exchange clearinghouses are classified in U.S. Industry 523999, Miscellaneous Financial Investment Activities.
- Establishments primarily engaged in providing payroll processing services are classified in U.S. Industry 541214, Payroll Services.
Related activities
Below are some of the most common types of activities in the Financial Transactions Processing, Reserve, and Clearinghouse activities industry (NAICS Code 522320):
- Automated clearinghouses, bank or check (except central bank)
- Automated Teller Machine (ATM) or Automated Loan Machine (ALM) network operation
- Bank clearinghouse associations
- Central reserve financial institutions (except central bank)
- Check clearing services (except central banks)
- Check clearinghouse services (except central banks)
- Check validation services
- Clearinghouses, bank or check
- Credit card processing services
- Electronic financial payment services
- Electronic funds transfer services, including peer-to-peer payment services
- Financial transactions processing (except central bank)
- Processing financial transactions
- Reserve and liquidity services (except central bank)
