How To Fix /PF1/FH_CONV_XML_IMP054 - BIC code for assigned institute is missing

/PF1/FH_CONV_XML_IMP054 - Overview

• Message type: E = Error

• Message class: /PF1/FH_CONV_XML_IMP -

• Message number: 054

• Message text: BIC code for assigned institute is missing

Self-Explanatory Message

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/PF1/FH_CONV_XML_IMP054 - Details

• The SAP error message /PF1/FH_CONV_XML_IMP054 indicating that the "BIC code for assigned institute is missing" typically arises in the context of financial transactions or data imports where a Bank Identifier Code (BIC) is required for a specific financial institution. This error can occur during processes such as payment processing, bank statement imports, or when dealing with financial data in XML format.
  
  Cause:
  
  Missing BIC Code: The primary cause of this error is that the BIC code for the specified financial institution is not maintained in the system.
  Incorrect Configuration: The configuration for the bank or financial institution may be incomplete or incorrect.
  Data Import Issues: If you are importing data (e.g., XML files), the data may not contain the required BIC code for the specified institute.
  Master Data Issues: The master data for the bank or financial institution may not be set up correctly, leading to missing information.
  
  
  Solution:
  
  
  Maintain BIC Code:
  
  Go to the transaction code FI01