How To Fix /PF1/MSG_PO124 - BIC &1 not valid

SAP Error Message - Details

• Message type: E = Error

• Message class: /PF1/MSG_PO -

• Message number: 124

• Message text: 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_PO124 - BIC &1 not valid ?

  The SAP error message /PF1/MSG_PO124 BIC &1 not valid typically indicates that there is an issue with the Business Identifier Code (BIC) that has been entered in the system. The BIC is used for international transactions and is essential for identifying banks and financial institutions.
  Cause:
  
  Invalid BIC: The BIC entered does not conform to the standard format or is not recognized by the system.
  Missing BIC: The BIC field may be empty or not filled in when it is required.
  Incorrect Configuration: The BIC may not be properly configured in the system or may not exist in the relevant database.
  Data Entry Error: There may be typographical errors in the BIC code entered.
  
  Solution:
  
  Verify BIC: Check the BIC code for accuracy. Ensure that it is correctly formatted (usually 8 or 11 characters long) and corresponds to a valid financial institution.
  Consult BIC Directory: Use a reliable BIC directory or database to confirm that the BIC is valid and active.
  Update BIC in System: If the BIC is valid but not recognized, it may need to be added or updated in the SAP system. This may require administrative access.
  Check Configuration: Ensure that the relevant configuration settings in SAP are correct and that the BIC is included in the necessary tables.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting SAP documentation for further assistance.
  
  Related Information:
  
  BIC Format: The BIC (also known as SWIFT code) consists of 8 or 11 characters, where the first 4 characters represent the bank code, the next 2 characters represent the country code, the next 2 characters represent the location code, and the last 3 characters (optional) represent the branch code.
  SAP Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that may help in managing bank details, such as FI01 (Create Bank) or FI02 (Change Bank).
  Documentation: Refer to SAP Help Portal or specific SAP notes related to banking and payment processing for more detailed guidance.
  
  By following these steps, you should be able to resolve the error message and ensure that the BIC is valid for your transactions.