How To Fix FTR0311 - No SWIFT code: Business partner &1 not defined as a bank


FTR0311 - Overview

  • Message type: E = Error

  • Message class: FTR0 - Treasury: Financial Transaction

  • Message number: 311

  • Message text: No SWIFT code: Business partner &1 not defined as a bank

  • Show details Hide details
  • What causes this issue?

    No bank data was defined for the business partner (bank country, bank
    key). This bank data is used to read the SWIFT code for subsequent
    processing.

    How to fix this error?

    In the business partner master data, link the partner to a bank country
    and bank key (see <ZK>Identification as Bank</> section). Ensure that a
    SWIFT code has been defined for the bank you enter.

    Procedure for System Administrators


    Error message extract from SAP system. Copyright SAP SE.


Smart SAP Assistant

  • What is the cause and solution for SAP error message FTR0311 - No SWIFT code: Business partner &1 not defined as a bank ?
    The SAP error message FTR0311 indicates that there is an issue with the configuration of a business partner in relation to SWIFT codes. Specifically, the error states that the business partner (identified by &1) is not defined as a bank, which is necessary for processing certain financial transactions that require SWIFT codes.
    
    Cause: Business Partner Not Defined as a Bank: The business partner in question has not been set up correctly in the system to be recognized as a bank. Missing SWIFT Code: The SWIFT code for the business partner is not maintained in the system. Incorrect Configuration: The business partner may not have the necessary roles or attributes assigned to it to be recognized as a bank.
    Solution: To resolve the error, you can follow these steps: Check Business Partner Configuration: Go to the transaction code BP (Business Partner). Search for the business partner identified in the error message. Ensure that the business partner is set up with the

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