How To Fix FV004 - Bank account does not exist under this bank key

FV004 - Overview

• Message type: E = Error

• Message class: FV - Electronic Banking Messages

• Message number: 004

• Message text: Bank account does not exist under this bank key

What causes this issue?

The bank account number &V1& could be found, yet the bank key found
does not correspond to the specified bank key &V2&.

How to fix this error?

Check your entry.
If you leave the bank key field blank, the bank account &V1& is
selected with the alternative bank key.

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message FV004 - Bank account does not exist under this bank key ?

  The SAP error message FV004, which states "Bank account does not exist under this bank key," typically occurs when there is an issue with the configuration or data related to bank accounts in the SAP system. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Incorrect Bank Key: The bank key entered does not match any existing bank accounts in the system.
  Missing Bank Account: The bank account has not been created or is not properly configured under the specified bank key.
  Data Inconsistency: There may be inconsistencies in the master data for the bank account or bank key.
  Authorization Issues: The user may not have the necessary permissions to view or access the bank account.
  Company Code Issues: The bank account may not be assigned to the correct company code.
  
  Solutions:
  
  
  Verify Bank Key and Account:
  
  Check the bank key entered in the transaction. Ensure it is correct and corresponds to an existing bank account.
  Use