How To Fix F0470 - The sender's correspondent bank could not be printed

SAP Error Message - Details

• Message type: E = Error

• Message class: F0 - FI batch program messages

• Message number: 470

• Message text: The sender's correspondent bank could not be printed

What causes this issue?

The system could not print the sender's correspondent bank in payment
document &V1& as this is not supported in the SAP implementation of
SWIFT format MT100. This implementation only supports an intermediary
bank and a correspondent bank for the recipient.

System Response

The bank chain was not filled for this payment.

How to fix this error?

Change the bank chain accordingly if you require a bank chain
specification for this payment.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F0470 - The sender's correspondent bank could not be printed ?

  The SAP error message F0470, which states "The sender's correspondent bank could not be printed," typically occurs in the context of financial transactions, particularly when dealing with payment processing or bank communication. This error indicates that the system is unable to retrieve or print the details of the correspondent bank associated with the sender of the payment.
  Causes:
  
  Missing Configuration: The correspondent bank details may not be properly configured in the system. This could include missing bank master data or incorrect settings in the payment configuration.
  Incorrect Bank Details: The bank details for the sender may be incomplete or incorrect, leading to the inability to print the correspondent bank information.
  Authorization Issues: There may be authorization issues preventing the system from accessing the necessary bank data.
  Data Inconsistency: There could be inconsistencies in the data related to the bank accounts or payment methods being used.
  Technical Issues: There may be underlying technical issues, such as problems with the printer setup or output device configuration.
  
  Solutions:
  
  Check Bank Master Data: Verify that the correspondent bank details are correctly maintained in the bank master data. Ensure that all required fields are filled out.
  Review Payment Configuration: Check the payment configuration settings in the SAP system to ensure that the correspondent bank is correctly assigned to the sender's bank account.
  Validate Sender's Bank Details: Ensure that the sender's bank account details are complete and accurate. This includes checking the bank key, account number, and any other relevant information.
  Authorization Check: Ensure that the user has the necessary authorizations to access and print bank details.
  Test Output Device: If the issue is related to printing, check the output device configuration in SAP. Ensure that the printer is correctly set up and that there are no issues with the print queue.
  Consult SAP Notes: Look for any relevant SAP Notes or updates that may address this specific error message. SAP frequently releases patches and updates that can resolve known issues.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FBZP (Payment Program Configuration) or OBPM1 (Maintain Payment Methods) to review and adjust the payment settings.
  SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They can provide more detailed troubleshooting based on your specific system configuration.
  Documentation: Review SAP documentation related to payment processing and bank master data management for additional insights and best practices.
  
  By following these steps, you should be able to identify and resolve the cause of the F0470 error in your SAP system.