How To Fix T7123 - For CoCd &1 transaction &2: SWIFT code is not available for partner &3

SAP Error Message - Details

• Message type: E = Error

• Message class: T7 - Forex entry

• Message number: 123

• Message text: For CoCd &1 transaction &2: SWIFT code is not available for partner &3

What causes this issue?

There is no SWIFT code defined in the bank data for the counterparty.

System Response

The function could not be executed.

How to fix this error?

Check the completeness of the bank data created for the counterparty
and ensure that a SWIFT code is defined.

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 T7123 - For CoCd &1 transaction &2: SWIFT code is not available for partner &3 ?

  The SAP error message T7123 indicates that there is an issue with the SWIFT code for a specific business partner in a particular company code (CoCd) and transaction. This error typically arises in the context of financial transactions, particularly when dealing with international payments or bank communications.
  Cause:
  The error message is triggered when the system cannot find a valid SWIFT code for the specified partner (usually a bank or financial institution) in the context of the given company code and transaction. This can happen due to several reasons:
  
  Missing SWIFT Code: The SWIFT code for the specified partner has not been maintained in the system.
  Incorrect Partner Data: The partner data may be incomplete or incorrectly configured.
  Company Code Configuration: The company code may not be properly linked to the partner or the SWIFT code.
  Transaction Type: The transaction type may require a SWIFT code that is not applicable or not set up for the partner.
  
  Solution:
  To resolve the T7123 error, you can follow these steps:
  
  
  Check Partner Master Data:
  
  Go to the transaction code BP (Business Partner) or FK03 (Display Vendor) or FD03 (Display Customer) depending on the type of partner.
  Verify that the SWIFT code is correctly maintained for the partner in question. If it is missing, you will need to add it.
  
  
  
  Maintain SWIFT Code:
  
  If the SWIFT code is not available, you can maintain it by going to the relevant transaction (e.g., BP for business partners) and entering the SWIFT code in the appropriate field.
  
  
  
  Check Company Code Settings:
  
  Ensure that the company code is correctly assigned to the partner and that all necessary configurations are in place.
  
  
  
  Review Transaction Type:
  
  Confirm that the transaction type you are trying to execute is compatible with the partner and that it requires a SWIFT code.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or requirements related to SWIFT codes in your system.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error is resolved.
  
  
  
  Related Information:
  
  SWIFT Codes: These are standard format codes used to identify banks and financial institutions globally. They are essential for international wire transfers and communications.
  Business Partner Configuration: Proper configuration of business partners in SAP is crucial for financial transactions, including maintaining accurate banking details.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or consult SAP community forums for further assistance.