How To Fix FVD_INSURANCE073 - Insurance policy &1; valid bank details ID required for payment method &2

FVD_INSURANCE073 - Overview

• Message type: E = Error

• Message class: FVD_INSURANCE - Messages for Insurance (Package FVVD_INSURANCE)

• Message number: 073

• Message text: Insurance policy &1; valid bank details ID required for payment method &2

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.

FVD_INSURANCE073 - Details

• The SAP error message FVD_INSURANCE073 indicates that there is an issue with the bank details associated with an insurance policy. Specifically, it states that a valid bank details ID is required for the specified payment method. This error typically arises in the context of processing payments for insurance policies in the SAP system.
  
  Cause:
  
  Missing Bank Details: The insurance policy does not have valid bank details associated with it for the specified payment method.
  Incorrect Payment Method: The payment method specified may not be compatible with the bank details available for the policy.
  Data Inconsistency: There may be inconsistencies or missing data in the master data records related to the insurance policy or the customer.
  
  
  Solution:
  
  
  Check Bank Details:
  
  Navigate to the insurance policy in question and verify that valid bank details are entered.
  Ensure that the bank details are correctly linked to the customer or policyholder.
  
  
  
  Update Payment Method:
  
  Review the payment method specified for the policy. If it