How To Fix /PF1/MSG_PO123 - Receiver BIC &1 not valid

SAP Error Message - Details

• Message type: E = Error

• Message class: /PF1/MSG_PO -

• Message number: 123

• Message text: Receiver BIC &1 not valid

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PF1/MSG_PO123 - Receiver BIC &1 not valid ?

  The SAP error message /PF1/MSG_PO123 Receiver BIC &1 not valid typically indicates that there is an issue with the Bank Identifier Code (BIC) that has been entered or referenced in a transaction. This error is often encountered in the context of payment processing or when dealing with bank-related transactions in SAP.
  Cause:
  
  Invalid BIC: The BIC code provided does not exist in the system or is incorrectly formatted.
  Missing BIC: The BIC code may not have been entered for the relevant bank account.
  Configuration Issues: The BIC may not be properly configured in the system, or the bank master data may be incomplete.
  Data Entry Errors: There may be typographical errors in the BIC code entered.
  
  Solution:
  
  Verify BIC Code: Check the BIC code for accuracy. Ensure that it is correctly entered and follows the standard format (usually 8 or 11 characters).
  Check Bank Master Data: Go to the bank master data in SAP and verify that the BIC is correctly maintained for the relevant bank account. You can do this by navigating to the relevant transaction (e.g., FI01 for creating a bank master record).
  Update BIC: If the BIC is missing or incorrect, update the bank master data with the correct BIC.
  Consult with Bank: If you are unsure about the correct BIC, consult with the bank or financial institution to obtain the correct code.
  Test Transaction: After making the necessary corrections, re-attempt the transaction that generated the error to see if it resolves the issue.
  
  Related Information:
  
  BIC Format: The BIC (Bank Identifier Code) is an international standard for identifying banks and financial institutions. It is also known as SWIFT code.
  SAP Transactions: Familiarize yourself with relevant SAP transactions for managing bank master data, such as:
  
  FI01: Create Bank Master Record
  FI02: Change Bank Master Record
  FI03: Display Bank Master Record
  
  
  Documentation: Refer to SAP documentation or help resources for more detailed information on managing bank data and handling payment processing.
  
  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 processes within SAP.