How To Fix FQ339 - Selected bank details for payee &1 are not valid

SAP Error Message - Details

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 339

• Message text: Selected bank details for payee &1 are not valid

What causes this issue?

The bank details were copied from the template document. Checking of
bank details from the template was activated.
You want to use bank details for a payee for payment, but these bank
details are not in the payee's vendor master record or are no longer
valid.

System Response

The request cannot be saved.

How to fix this error?

If the bank details do not currently exist in the master record but are
to be retained, you can confirm this by accessing the payer data (Ctrl +
F10) or by deriving valid bank details by entering the payee again.
If the payee is no longer valid, enter a new valid payee or delete the
payee if there is no alternative payee in the vendor master record.

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 FQ339 - Selected bank details for payee &1 are not valid ?

  The SAP error message FQ339, which states "Selected bank details for payee &1 are not valid," typically occurs in the context of financial transactions, particularly when processing payments or creating payment documents. This error indicates that the bank details associated with the specified payee (vendor or customer) are either missing, incorrect, or not valid for the transaction being processed.
  Causes:
  
  Missing Bank Details: The payee does not have any bank details maintained in the system.
  Incorrect Bank Details: The bank account number, bank key, or other relevant information may be incorrect or formatted improperly.
  Inactive Bank Details: The bank details may be marked as inactive or not valid for the current transaction.
  Bank Country Issues: The bank details may not be valid for the country of the payee or the transaction.
  Payment Method Restrictions: The payment method being used may not be compatible with the bank details provided.
  
  Solutions:
  
  
  Check Bank Details: 
  
  Navigate to the vendor or customer master data (transaction codes like FK03 for vendors or FD03 for customers) and verify that the bank details are correctly maintained.
  Ensure that the bank account is active and valid.
  
  
  
  Update Bank Information:
  
  If the bank details are missing or incorrect, update them using the appropriate transaction (e.g., FK02 for vendors or FD02 for customers).
  Ensure that the bank account is correctly formatted and includes all necessary information.
  
  
  
  Review Payment Method:
  
  Check the payment method being used for the transaction. Ensure that it is compatible with the bank details of the payee.
  If necessary, change the payment method to one that is valid for the bank details provided.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the validity of the bank details or how to update them, consult with your finance or accounting team for assistance.
  
  
  
  Check for Country-Specific Requirements:
  
  Some countries have specific requirements for bank details. Ensure that the bank details comply with local regulations.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FK03, FK02, FD03, and FD02 for viewing and updating vendor and customer bank details.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation for guidelines on maintaining vendor and customer master data, especially regarding bank details.
  
  By following these steps, you should be able to resolve the FQ339 error and ensure that the bank details for the payee are valid for processing payments.