How To Fix CVIC_UI047 - There is no BIC for changed bank details &; SEPA mandate will be lost

SAP Error Message - Details

• Message type: E = Error

• Message class: CVIC_UI - Customer Integration in Business Partner Dialog

• Message number: 047

• Message text: There is no BIC for changed bank details &; SEPA mandate will be lost

What causes this issue?

You have changed the bank details that are assigned a SEPA mandate. An
IBAN has not been entered for the changed bank details or there is no
BIC for the target bank. When you save the business partner, the system
only reassigns the existing SEPA mandate with the old bank details to
the new bank details if:
You have entered or generated a new IBAN
There is a BIC in the system for the bank in the new bank details
Otherwise the change cannot be saved.

How to fix this error?

If you no longer require the mandate, set the status of the mandate to
"completed", "reversed", or "obsolete".
Since you have configured the bank details as "time-independent", you
can allow the bank details to be changed by configuring the value of
constant CVIS in table BPCONSTANTS accordingly. For more information,
see the release note detailing the functions of the SEPA jump from
customer business partners. This release note is also attached to SAP
Note 1821996.

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 CVIC_UI047 - There is no BIC for changed bank details &; SEPA mandate will be lost ?

  The SAP error message CVIC_UI047 indicates that there is an issue with the bank details associated with a customer or vendor in the system. Specifically, it suggests that when bank details are changed, there is no Bank Identifier Code (BIC) available, which is necessary for SEPA (Single Euro Payments Area) transactions. As a result, the SEPA mandate associated with the bank details will be lost.
  Cause:
  
  Missing BIC: The primary cause of this error is that the BIC for the new bank details has not been entered or is missing in the system.
  Bank Details Change: The error occurs when there is an attempt to change the bank details of a customer or vendor without providing the necessary BIC.
  Data Inconsistency: There may be inconsistencies in the data related to the bank details, such as incorrect or incomplete entries.
  
  Solution:
  
  Enter BIC: Ensure that the BIC is entered for the new bank details. You can do this by navigating to the relevant customer or vendor master data and updating the bank details section.
  Check Bank Master Data: Verify that the bank master data is correctly maintained in the system. Ensure that the BIC is correctly associated with the bank account.
  Review SEPA Mandate: If a SEPA mandate is already in place, review it to ensure that it is still valid after the changes. You may need to create a new mandate if the existing one is lost.
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on how to manage bank details and SEPA mandates in your version of SAP.
  Testing: After making the necessary changes, test the transaction again to ensure that the error does not reoccur.
  
  Related Information:
  
  SEPA Compliance: Ensure that your organization is compliant with SEPA regulations, which require specific data formats and information for cross-border euro transactions.
  SAP Notes: Check for any relevant SAP Notes that may address this error or provide additional guidance on handling bank details and SEPA mandates.
  User Roles and Authorizations: Ensure that the user making the changes has the appropriate authorizations to update bank details and manage SEPA mandates.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who can provide further assistance.