How To Fix FTR0409 - SWIFT code &1 (sender) could not be assigned to any business partner

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR0 - Treasury: Financial Transaction

• Message number: 409

• Message text: SWIFT code &1 (sender) could not be assigned to any business partner

What causes this issue?

In the Customizing settings for inbound correspondence (medium:
IDoc/XML), a known business partner in the SAP System must be assigned
to an external sender. This assignment has not been made.
For this assignment, field BU_SWIFT of the IDoc segment structure
E1FTRHEADER is evaluated.

How to fix this error?

Maintain the Customizing data and assign a business partner to the
SWIFT code &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR0409 - SWIFT code &1 (sender) could not be assigned to any business partner ?

  The SAP error message FTR0409 indicates that a SWIFT code (in this case, the sender's SWIFT code) could not be assigned to any business partner in the system. This typically occurs in the context of financial transactions, particularly in the area of treasury and risk management, where SWIFT codes are used for international payments and communications.
  Cause:
  
  Missing Business Partner: The SWIFT code provided does not correspond to any existing business partner in the SAP system.
  Incorrect SWIFT Code: The SWIFT code entered may be incorrect or not formatted properly.
  Business Partner Configuration: The business partner may not be properly configured to include the SWIFT code in their details.
  Data Synchronization Issues: There may be issues with data synchronization between different modules or systems, leading to the SWIFT code not being recognized.
  Inactive Business Partner: The business partner associated with the SWIFT code may be inactive or not available for transactions.
  
  Solution:
  
  Verify SWIFT Code: Check the SWIFT code for accuracy. Ensure that it is correctly entered and formatted.
  Check Business Partner: Go to the business partner master data and verify if the SWIFT code is assigned to the correct business partner. You can do this by:
  
  Navigating to the business partner transaction (e.g., BP transaction code).
  Searching for the business partner and checking the details to see if the SWIFT code is listed.
  
  
  Assign SWIFT Code: If the SWIFT code is not assigned, you can add it to the business partner's details:
  
  Edit the business partner and go to the relevant section (e.g., "Bank Details") to add the SWIFT code.
  
  
  Activate Business Partner: If the business partner is inactive, you may need to activate it to allow transactions.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific configuration settings related to business partners and SWIFT codes.
  Data Consistency Check: If there are data synchronization issues, perform a consistency check or data refresh to ensure that all relevant data is up to date.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as BP (Business Partner), FTR_CREATE (Create Financial Transaction), and others that may be involved in the process.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and edit business partner data.
  Training and Documentation: Consider training sessions or documentation for users involved in managing business partners and financial transactions to prevent similar issues in the future.
  
  By following these steps, you should be able to resolve the FTR0409 error and ensure that the SWIFT code is correctly assigned to the appropriate business partner in your SAP system.