NAICS Code 522320

NAICS 522320

NAICS Code 522320 – Financial Transactions Processing, Reserve, and Clearinghouse Activities

Definition of NAICS Code 522320: 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).
  • You can also download your own copy of the complete 2017 NAICS Classification Manual. The NAICS Manual is updated every five years. The 2017 copy will be applicable until a new edition is produced in 2022.

Illustrative Examples of NAICS 522320

What are some examples of this code? The bulleted items below are illustrative examples of this classification.

  • Automated clearinghouses, bank or check (except central bank)
  • Credit card processing services
  • Check clearing services (except central bank)
  • Electronic funds transfer services

Cross Reference Guide for Code 522320

What codes are similar to this classification that might be a more applicable code? The cross-reference guide below displays the codes for other similar industries. Please review to find the most applicable classification.

  • Establishments primarily engaged in nonfinancial data and electronic transaction processing are classified in Industry NAICS 518210, Data Processing, Hosting, and Related Services; and
  • Establishments of the central bank primarily engaged in check clearing and other financial transaction processing are classified in Industry NAICS 521110, Monetary Authorities-Central Bank.

Other Index Entries for NAICS 522320

The North American Industry Classification System contains multiple index entries that are each descriptive of the same code. The bulleted list below shows all applicable index entries (Current and former) that are associated with this classification. These index entries further elaborate on the scope of applicable industries that have already been defined at the top of this page.

  • Automated clearinghouses, bank or check (except central bank)
  • Bank clearinghouse associations
  • 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
  • Financial transactions processing (except central bank)
  • Processing financial transactions
  • Reserve and liquidity services (except central bank)
  • U.S. Central Credit Union
Suggested Insurance Conversion Table for NAICS Code 522320

Looking for an insurance classification other than the North American Industry Classification System? If a company falls within the industry defined on this page, then the class codes mentioned below may be applicable. Please note that the bulleted cross-reference guide below is not authoritative. Users should have an insurance professional review to ensure proper insurance classification.

  • NCCI WC (Varies by state): 8810NAICS 522320
  • CA WC: 8808
  • DE WC: 988
  • PA WC: 988
  • MI WC: 8810
  • NJ WC: 8810
  • NY WC: 8810
  • WY WC: 522320
  • GL: 61223

Resources: Praxiom, AceGroupTDICalifornia Division of Workers Compensation, Delaware Workers Compensation Manual, Pennsylvania Workers Compensation Manual, Michigan Workers’ Compensation Placement Facility: Classification Definitions, New Jersey Workers Compensation and Employers Liability Insurance Manual, New York Workers Compensation and Employers Liability, North American Industry Classification System, Florida Underwriting Guide: Commercial General Liability Classifications,  Standard Industrial Classifications.

The suggested cross reference guide for NAICS code 522320 is based on our research using the resources cited above.

Correlating Code Breakdown for North American Industry Classification System

NAICS codes are broken down by digit. The broadest description starts with the 2 digit sector codes. The 3 digit subsector codes are more specific, then the 4 digit industry group, 5 digit industry, and the most specific is the 6 digit NAICS code (Where you are now). If the code on this page does not describe the industry of the business in question, then select the largest applicable code below. From there, follow through the progression of smaller digits to the larger digits in order to obtain the most specific 6 digit classification.

  • Sector 52: Finance and Insurance
  • Subsector 522: Credit Intermediation and Related Activities
  • Industry Group 5223: Activities Related to Credit Intermediation
  • Industry 52232: Financial Transactions Processing, Reserve, and Clearinghouse Activities
  • 6 Digit Code(s) NAICS 522320: Financial Transactions Processing, Reserve, and Clearinghouse Activities
Other helpful NAICS Downloads

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NAICS Code 522320