How To Fix RP748 - Several bank keys found for IBAN; select a suitable key

SAP Error Message - Details

• Message type: E = Error

• Message class: RP - Error Messages for Infotype Module Pools

• Message number: 748

• Message text: Several bank keys found for IBAN; select a suitable key

What causes this issue?

The system tried to derive the associated bank data from the specified
International Bank Account Number (IBAN). In doing so, several bank keys
were found in the bank master record for the bank data contained in the
IBAN.

System Response

As it is not possible to uniquely identify the bank key, all found
entries from the bank master record are provided for selection in a
popup window.

How to fix this error?

Select the relevant bank key from the following popup window.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RP748 - Several bank keys found for IBAN; select a suitable key ?

  The SAP error message RP748 ("Several bank keys found for IBAN; select a suitable key") typically occurs when the system encounters multiple bank keys associated with a single International Bank Account Number (IBAN). This situation can arise due to various reasons, such as data inconsistencies or multiple entries in the bank master data.
  Cause:
  
  
  Multiple Bank Keys: The primary cause of this error is that there are multiple bank keys linked to the same IBAN in the system. This can happen if:
  
  The same IBAN is used by different banks or branches.
  There are duplicate entries in the bank master data.
  The bank master data has not been maintained correctly.
  
  
  
  Data Inconsistency: Inconsistent or incorrect data entries in the bank master records can lead to this error.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Bank Master Data:
  
  Go to the transaction code FI02 (Change Bank Master Data) or FI03 (Display Bank Master Data).
  Enter the IBAN in question and check the associated bank keys.
  Identify the bank keys that are linked to the IBAN.
  
  
  
  Select the Appropriate Bank Key:
  
  If you are processing a transaction that requires a bank key, you will need to select the appropriate bank key from the list provided by the system.
  Ensure that you choose the correct bank key that corresponds to the intended transaction.
  
  
  
  Data Cleanup:
  
  If you find that there are unnecessary or duplicate bank keys, consider cleaning up the bank master data.
  You may need to delete or deactivate the duplicate entries to prevent future occurrences of this error.
  
  
  
  Consult with Your SAP Administrator:
  
  If you are unsure about which bank key to select or how to clean up the data, consult with your SAP administrator or a financial data management team for assistance.
  
  
  
  Documentation and Training:
  
  Ensure that users are trained on how to maintain bank master data correctly to avoid similar issues in the future.
  Document the process for handling bank keys and IBANs to streamline future transactions.
  
  
  
  Related Information:
  
  IBAN Structure: Understand the structure of IBANs and how they relate to bank keys in your country.
  Bank Master Data Maintenance: Familiarize yourself with the procedures for maintaining bank master data in SAP.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as SAP may provide additional guidance or fixes.
  
  By following these steps, you should be able to resolve the RP748 error and ensure that your bank master data is accurate and up to date.