How To Fix BF00229 - Create a new internal SEPA bank; see long text

SAP Error Message - Details

• Message type: E = Error

• Message class: BF00 - FI: Application base reports

• Message number: 229

• Message text: Create a new internal SEPA bank; see long text

What causes this issue?

An attempt has been made to create an IBAN without a BIC (SWIFT code),
where the IBAN needs to be assigned to an internal bank. The number
range for all existing internal banks for the country in question has
already been overrun, however.

System Response

An IBAN without a BIC cannot be entered until a new internal bank has
been created.

How to fix this error?

Create a new internal bank using transaction <DS:TRAN.FISEPA>FISEPA</>.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BF00229 - Create a new internal SEPA bank; see long text ?

  The SAP error message BF00229 typically indicates that there is an issue related to the creation of a new internal SEPA (Single Euro Payments Area) bank. This error can arise in various contexts, such as when trying to set up a new bank account for SEPA transactions or when processing payments.
  Cause:
  
  Missing Configuration: The error may occur if the necessary configuration for SEPA payments is not completed in the SAP system.
  Bank Master Data: The internal bank account may not be properly defined in the bank master data.
  Incorrect Payment Method: The payment method used may not be compatible with SEPA transactions.
  Authorization Issues: There may be authorization issues preventing the creation of the bank account.
  Technical Issues: There could be technical issues or bugs in the SAP system that are causing the error.
  
  Solution:
  
  Check Configuration: Ensure that the SEPA configuration is correctly set up in the SAP system. This includes checking the settings for payment methods, bank accounts, and any related parameters.
  Create Bank Master Data: If the internal SEPA bank does not exist, create it in the bank master data. This can typically be done through transaction codes like FI01 (Create Bank) or FI02 (Change Bank).
  Review Payment Methods: Verify that the payment method being used is configured for SEPA transactions. You can check this in the payment method configuration settings.
  Authorization Check: Ensure that the user has the necessary authorizations to create or modify bank accounts in the system.
  Consult Documentation: Refer to the SAP documentation or help files for specific instructions related to SEPA configuration and bank account creation.
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal IT team for further assistance.
  
  Related Information:
  
  SEPA Overview: SEPA is a payment-integration initiative of the European Union that simplifies bank transfers denominated in euros.
  Bank Master Data: In SAP, bank master data is crucial for processing payments and managing financial transactions.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FI01, FI02, FBZP (Payment Program), and OBPM1 (Payment Methods in Country) for managing bank accounts and payment methods.
  SAP Notes: Check for any SAP Notes related to SEPA and bank account creation that may provide additional insights or fixes for known issues.
  
  By following these steps, you should be able to resolve the BF00229 error and successfully create a new internal SEPA bank in your SAP system.