How To Fix FTR_TCORI_MSG003 - Partner &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: 003

• Message text: Partner &1 has no SWIFT code

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_TCORI_MSG003 - Partner &1 has no SWIFT code ?

  The SAP error message FTR_TCORI_MSG003 indicates that a partner (usually a financial institution or a counterparty) does not have a SWIFT code assigned in the system. This is particularly relevant in the context of financial transactions, where SWIFT codes are essential for identifying banks and financial institutions globally.
  Cause:
  
  Missing SWIFT Code: The partner's master data does not include a SWIFT code.
  Incorrect Partner Configuration: The partner may not be properly configured in the system, leading to missing or incorrect data.
  Data Migration Issues: If data was migrated from another system, the SWIFT codes may not have been transferred correctly.
  
  Solution:
  
  
  Check Partner Master Data:
  
  Navigate to the partner master data in SAP (usually through transaction codes like BP for Business Partner).
  Verify if the SWIFT code is filled in the relevant fields for the partner in question.
  
  
  
  Update SWIFT Code:
  
  If the SWIFT code is missing, you will need to add it. This can typically be done by editing the partner's master data.
  Ensure that the SWIFT code is valid and correctly formatted.
  
  
  
  Consult with Financial Institutions:
  
  If you are unsure of the correct SWIFT code, consult with the financial institution or check their official website for the correct code.
  
  
  
  Check Configuration Settings:
  
  Ensure that the configuration settings for the partner type are correct and that the system is set up to require SWIFT codes where necessary.
  
  
  
  Data Migration Review:
  
  If this issue arose after a data migration, review the migration process to ensure that all necessary data, including SWIFT codes, was transferred correctly.
  
  
  
  Related Information:
  
  SWIFT Code: A SWIFT code (or BIC) is an international standard for identifying banks and financial institutions. It consists of 8 to 11 characters and is used for international wire transfers.
  Business Partner Role: In SAP, partners can have different roles (e.g., creditor, debtor, etc.), and the SWIFT code may be required for specific roles related to financial transactions.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as BP (Business Partner), FTR_CREATE (to create financial transactions), and FTR_EDIT (to edit financial transactions) for managing partner data.
  
  By following these steps, you should be able to resolve the error message and ensure that the partner has the necessary SWIFT code for transactions.