How To Fix TE643 - Term &1 days in FX swap rate curve of currency pair &2

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 643

• Message text: Term &1 days in FX swap rate curve of currency pair &2

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message TE643 - Term &1 days in FX swap rate curve of currency pair &2 ?

  The SAP error message TE643 indicates an issue with the foreign exchange (FX) swap rate curve for a specific currency pair. This error typically arises in the context of financial transactions involving foreign exchange derivatives, such as swaps, where the system is unable to find a valid term structure for the specified currency pair.
  Cause:
  
  Missing Data: The error often occurs when the required FX swap rates for the specified term (in days) are not available in the system. This could be due to missing market data or configuration issues.
  Configuration Issues: The currency pair may not be properly configured in the system, or the relevant market data may not have been updated.
  Incorrect Term: The term specified in the error message may not be supported or may not have been defined in the system for the given currency pair.
  
  Solution:
  
  Check Market Data: Ensure that the FX swap rates for the specified currency pair and term are available in the system. You may need to update or import the latest market data.
  Configuration Review: Verify the configuration settings for the currency pair in the SAP system. Ensure that the currency pair is correctly set up in the system and that all necessary parameters are defined.
  Update Rates: If the rates are missing, you may need to manually input the required FX swap rates or configure the system to pull data from an external source.
  Consult Documentation: Review SAP documentation or consult with your SAP support team to ensure that all necessary configurations and data imports are correctly set up.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB08 (for maintaining exchange rates) or TPM1 (for managing treasury management settings) to check or update the relevant data.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on resolving it.
  Support: If the issue persists, consider reaching out to SAP support or your internal IT team for further assistance.
  
  By following these steps, you should be able to identify the root cause of the TE643 error and implement the necessary solutions to resolve it.