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

CVIC_UI047 - Overview

• 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