How To Fix FTR0267 - No SWIFT code specified for business partner &1 (see long text)

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 267

• Message text: No SWIFT code specified for business partner &1 (see long text)

How to fix this error?

Enter the SWIFT code for:
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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.

INCLUDE CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0267 - No SWIFT code specified for business partner &1 (see long text) ?

  The SAP error message FTR0267 indicates that there is no SWIFT code specified for a business partner in the system. This error typically arises in the context of financial transactions, particularly when dealing with international payments or communications that require SWIFT codes for banks or financial institutions.
  Cause:
  The primary cause of this error is that the business partner (which could be a vendor, customer, or financial institution) does not have a SWIFT code assigned in their master data. The SWIFT code is essential for identifying banks and financial institutions globally, especially for cross-border transactions.
  Solution:
  To resolve this error, you need to ensure that the business partner has a valid SWIFT code assigned. Here are the steps to do this:
  
  
  Access Business Partner Master Data:
  
  Go to the transaction code BP (Business Partner) in SAP.
  Search for the relevant business partner using their ID or name.
  
  
  
  Edit Business Partner:
  
  Once you have located the business partner, enter the edit mode.
  Navigate to the relevant section where bank details are maintained (usually under the "Bank" tab).
  
  
  
  Enter SWIFT Code:
  
  In the bank details section, look for the field labeled "SWIFT Code" or "BIC" (Bank Identifier Code).
  Enter the correct SWIFT code for the business partner's bank.
  
  
  
  Save Changes:
  
  After entering the SWIFT code, save the changes to the business partner master data.
  
  
  
  Re-attempt the Transaction:
  
  After updating the SWIFT code, re-attempt the transaction that previously resulted in the error.
  
  
  
  Related Information:
  
  SWIFT Code Format: A SWIFT code typically consists of 8 to 11 characters, including letters and numbers. The first four characters represent the bank code, the next two represent the country code, the next two represent the location code, and the last three (if present) represent the branch code.
  Business Partner Roles: Ensure that the business partner is assigned the correct roles that allow for banking information to be maintained.
  Data Consistency: Regularly check and maintain the accuracy of business partner data to avoid similar issues in the future.
  Documentation: Refer to SAP documentation or your organization's guidelines for maintaining business partner data for more detailed instructions.
  
  By following these steps, you should be able to resolve the FTR0267 error and ensure that the necessary SWIFT code is in place for your business partner.