How To Fix FTR_MIR104 - The currency pairs of the swap do not match

FTR_MIR104 - Overview

• Message type: E = Error

• Message class: FTR_MIR - Messages for Mirror Transactions

• Message number: 104

• Message text: The currency pairs of the swap do not match

What causes this issue?

A currency swap consists of a spot transaction and a forward
transaction.
Example:
Currency 1 is sold at the spot rate and repurchased at the forward
rate.
Currency 1 is bought at the spot rate and sold at the forward rate.
In both cases, the currency pairs must match.

How to fix this error?

Check the currencies entered.

Error message extract from SAP system. Copyright SAP SE.

FTR_MIR104 - Details

• The SAP error message FTR_MIR104 indicates that there is a mismatch in the currency pairs of a swap transaction. This typically occurs in the context of financial instruments, particularly in the management of derivatives or swaps where two currencies are involved.
  
  Cause:
  The error arises when the currency pairs specified in the swap transaction do not align correctly. For example, if you have a swap that is supposed to exchange currency A for currency B, but the system finds that the transaction is set up to exchange currency A for currency C instead, it will trigger this error.
  Possible Reasons for the Error:
  
  Incorrect Configuration: The swap transaction may have been incorrectly configured with mismatched currencies.
  Data Entry Error: There may have been a mistake during data entry, leading to the selection of the wrong currency.
  Inconsistent Master Data: The master data for the financial instruments may not be consistent, leading to mismatches in currency pairs.
  System