How To Fix 1Q408 - Error in recipient bank &3 in bank country &2 or in bank area &1

SAP Error Message - Details

• Message type: E = Error

• Message class: 1Q - Messages In-House Banking

• Message number: 408

• Message text: Error in recipient bank &3 in bank country &2 or in bank area &1

What causes this issue?

An error has occurred while posting a payment order (or payment
request), or while creating a new route determination setting in
Customizing. For cross-bank area posting, neither an external bank nor
an In-House Cash Center has been entered as the recipient bank.

System Response

The system does not allow you to create the Customizing entry, or
rejects the posting.

How to fix this error?

Check the Customizing settings for the FSCM-IH component. Bank area &V1&
with bank key &V3& in bank country &V2& has probably not yet been
defined as an In-House Cash Center. It is also possible that the wrong
recipient bank has been entered.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1Q408 - Error in recipient bank &3 in bank country &2 or in bank area &1 ?

  The SAP error message 1Q408 indicates that there is an issue with the recipient bank details in the context of a payment transaction. This error typically arises when the system cannot find valid information for the specified bank in the given country or area. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Incorrect Bank Details: The bank account number, bank key, or other related details may be incorrect or not properly maintained in the system.
  Missing Bank Master Data: The bank master data for the specified bank in the specified country or area may not exist in the system.
  Configuration Issues: There may be configuration issues in the payment processing settings or bank determination settings.
  Inactive Bank: The bank may be marked as inactive in the system, preventing any transactions from being processed.
  Country-Specific Requirements: Certain countries have specific requirements for bank details that may not be met.
  
  Solution:
  
  Verify Bank Details: Check the recipient's bank details in the vendor or customer master data. Ensure that the bank account number, bank key, and other relevant information are correct.
  Check Bank Master Data: Go to the bank master data (transaction code FI12) and verify that the bank is correctly set up for the specified country and area. If it is missing, you may need to create it.
  Review Configuration: Check the configuration settings for payment processing in the Financial Accounting (FI) module. Ensure that the bank determination settings are correctly configured.
  Activate Bank: If the bank is inactive, you may need to activate it in the system.
  Consult Documentation: Review any country-specific documentation or requirements for bank details to ensure compliance.
  Test Payment Run: After making the necessary corrections, perform a test payment run to ensure that the error has been resolved.
  
  Related Information:
  
  Transaction Codes: 
  
  FI12: Bank Master Data
  OBPM1: Payment Methods in Country
  OBVCU: Configuration for Payment Transactions
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that the user has the necessary authorizations to view and edit bank master data.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP community forums for further assistance.