How To Fix BF00002 - Checking rule not defined correctly for bank key

BF00002 - Overview

• Message type: E = Error

• Message class: BF00 - FI: Application base reports

• Message number: 002

• Message text: Checking rule not defined correctly for bank key

What causes this issue?

You have entered countries for which the checking rules of the bank
keys have not been maintained correctly in table T005.

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?

Check your settings using the country field checks (transaction OY17).
Only the following values are possible for the selected bank key:
BIC+key Checking rule '4' (external assignment)
SWIFT Checking rule '4' (external assignment)
Bank number Checking rule '1' (bank number)

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BF00002 - Checking rule not defined correctly for bank key ?

  The SAP error message BF00002 indicates that there is an issue with the configuration of the checking rule for a bank key in the SAP system. This error typically arises in the context of financial transactions, particularly when dealing with bank master data or payment processing.
  
  Cause:
  The error occurs when the checking rule associated with a specific bank key is not defined correctly. This can happen due to several reasons:
  
  Missing Configuration: The checking rule for the bank key has not been set up in the system.
  Incorrect Assignment: The bank key may not be correctly assigned to the relevant checking rule.
  Data Inconsistency: There may be inconsistencies in the bank master data or the configuration settings.
  Custom Development: If there are custom developments or modifications in the system, they might interfere with the standard checking rules.
  
  
  Solution:
  To resolve the BF00002 error, you can follow these steps:
  
  
  Check Bank Key Configuration:
  
  Go to the transaction code OBPM1 (for