How To Fix FTR_TCORI_MSG002 - Company &1 has no SWIFT code

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TCORI_MSG - Treasury: Messaging Interface, Implementations' messages

• Message number: 002

• Message text: Company &1 has no SWIFT code

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_TCORI_MSG002 - Company &1 has no SWIFT code ?

  The SAP error message FTR_TCORI_MSG002 indicates that the specified company code (denoted as &1 in the message) does not have a SWIFT code assigned to it. This error typically arises in the context of financial transactions, particularly when dealing with international payments or communications that require a SWIFT code for bank identification.
  Cause:
  
  Missing SWIFT Code: The primary cause of this error is that the company code in question has not been assigned a SWIFT code in the system.
  Configuration Issues: There may be issues in the configuration settings related to the company code or the bank details.
  Data Entry Errors: The SWIFT code may have been incorrectly entered or not entered at all.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Company Code Configuration:
  
  Navigate to the configuration settings for the company code in SAP.
  Ensure that the SWIFT code is correctly assigned to the company code. This can typically be done in the transaction code OBY6 (for company code settings) or through the relevant financial configuration menu.
  
  
  
  Assign SWIFT Code:
  
  If the SWIFT code is missing, you will need to enter it. This can usually be done in the bank master data settings.
  Use transaction code FI12 (for bank master data) to add or update the SWIFT code for the relevant bank account associated with the company code.
  
  
  
  Verify Bank Details:
  
  Ensure that all bank details, including the bank key and account number, are correctly configured and linked to the company code.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  SWIFT Code: A SWIFT code (Society for Worldwide Interbank Financial Telecommunication) is a standard format of Bank Identifier Codes (BIC) used to uniquely identify banks and financial institutions globally.
  Transaction Codes:
  
  OBY6: Configuration for company code settings.
  FI12: Bank master data maintenance.
  
  
  Documentation: Refer to SAP documentation or help resources for detailed steps on configuring bank details and company codes.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules.