How To Fix 67_LOAN206 - No bank key is defined for country &1

SAP Error Message - Details

• Message type: E = Error

• Message class: 67_LOAN - Messages for Fin. Asset Management for Loans - Continued

• Message number: 206

• Message text: No bank key is defined for country &1

What causes this issue?

No bank key has been defined for country &V1&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Define a bank key for country &V1& in Customizing by choosing
<DS:SIMG.SIMG_CFMENUSAPCOY17>Set Country-Specific Checks</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67_LOAN206 - No bank key is defined for country &1 ?

  The SAP error message 67_LOAN206 with the description "No bank key is defined for country &1" typically occurs in the context of financial transactions, particularly when dealing with loans or banking-related processes. This error indicates that the system cannot find a valid bank key for the specified country, which is necessary for processing transactions.
  Cause:
  
  Missing Bank Key: The primary cause of this error is that there is no bank key defined in the system for the specified country. The bank key is essential for identifying the bank where transactions will be processed.
  Incorrect Configuration: The configuration settings for the bank keys may not have been set up correctly in the system.
  Country-Specific Settings: The country code provided in the transaction may not have corresponding bank key entries in the system.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Bank Key Configuration:
  
  Navigate to the transaction code OB52 or FI12 (depending on your SAP version) to check the bank key settings.
  Ensure that there is a valid bank key defined for the country in question.
  
  
  
  Define Bank Key:
  
  If no bank key exists for the specified country, you will need to create one. This can typically be done in the following way:
  
  Go to Transaction Code FI01 (Create Bank) or FI02 (Change Bank).
  Enter the necessary details, including the bank key, bank name, and country code.
  Save the changes.
  
  
  
  
  
  Verify Country Code:
  
  Ensure that the country code used in the transaction is correct and matches the country for which the bank key is defined.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP administrator for specific configuration steps related to your version of SAP.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52, FI01, FI02, and FI12 for managing bank keys.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary permissions to create or modify bank key settings in the system.
  Documentation: Refer to SAP Help documentation for detailed guidance on financial configuration and bank key management.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules.