How To Fix BFIBL02306 - Sender bank SWIFT code of payment medium in format MT&1 is missing

BFIBL02306 - Overview

• Message type: E = Error

• Message class: BFIBL02 - Payment Medium: Messages

• Message number: 306

• Message text: Sender bank SWIFT code of payment medium in format MT&1 is missing

What causes this issue?

SWIFT code of the sender bank (house bank ID &V2&) of the payment
medium in format MT&V1& is missing. The payment medium file is invalid
unless the sender bank enters this data in the MT&V1& message.

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?

Enter the SWIFT code of the sender bank in <DS:TRAN.FI12>House bank
data</>.

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 BFIBL02306 - Sender bank SWIFT code of payment medium in format MT&1 is missing ?

  The SAP error message BFIBL02306 indicates that the sender bank's SWIFT code is missing in the payment medium format specified (in this case, MT&1). This error typically occurs when generating payment files for electronic payments, such as SEPA or other international payment formats.
  
  Cause:
  The error is caused by the absence of the sender bank's SWIFT code in the configuration or master data settings. The SWIFT code is essential for identifying the bank in international transactions, and if it is not provided, the system cannot generate the payment medium correctly.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Bank Master Data:
  
  Go to the transaction code FI12 (or use the appropriate path in your SAP system) to access the bank master data.
  Ensure that the sender bank's SWIFT code is correctly entered in the bank master data for the relevant bank account.
  
  
  
  Maintain Payment Medium Format:
  
  Navigate to the payment medium format configuration (transaction code OBPM1