How To Fix BF00218 - IBAN without BIC cannot be activated; see long text

BF00218 - Overview

• Message type: E = Error

• Message class: BF00 - FI: Application base reports

• Message number: 218

• Message text: IBAN without BIC cannot be activated; see long text

What causes this issue?

The 'IBAN w/o BIC' setting cannot be activated for the country in
question because an internal bank has not yet been created for this
country. The system cannot save bank details without a bank ID. If only
an IBAN is specified for the bank details, this IBAN must be assigned to
an internal bank created in the system if the corresponding BIC (SWIFT
code) is unknown.

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?

Create an internal bank using transaction <DS:TRAN.FISEPA>FISEPA</>.
Then activate the 'IBAN w/o BIC' parameter.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

BF00218 - Details

• The SAP error message BF00218 indicates that an IBAN (International Bank Account Number) cannot be activated without a corresponding BIC (Bank Identifier Code). This error typically arises in the context of financial transactions or when setting up bank details in the SAP system.
  
  Cause:
  The primary cause of this error is that the system requires both an IBAN and a BIC for certain banking operations, especially in countries where these codes are mandatory for electronic payments. The BIC is used to identify the bank associated with the IBAN, and without it, the system cannot process transactions correctly.
  
  Solution:
  To resolve this error, you should ensure that the BIC is provided along with the IBAN. Here are the steps you can take:
  
  
  Check Bank Details: Go to the relevant transaction or master data record where the IBAN is entered (e.g., vendor or customer master data).
  
  
  Enter BIC: Ensure that the BIC field is filled in. If you