How To Fix VKKICDR016 - Bank key for country &1 and SWIFT code &2 does not exist

VKKICDR016 - Overview

• Message type: E = Error

• Message class: VKKICDR - Message for ICDR service

• Message number: 016

• Message text: Bank key for country &1 and SWIFT code &2 does not exist

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

VKKICDR016 - Details

• The SAP error message VKKICDR016 indicates that there is an issue with the bank key configuration for a specific country and SWIFT code in the SAP system. This error typically arises when the system is unable to find a valid bank key associated with the provided SWIFT code for the specified country.
  
  Cause:
  
  Missing Bank Key: The bank key for the specified country and SWIFT code has not been defined in the system.
  Incorrect SWIFT Code: The SWIFT code entered may be incorrect or not formatted properly.
  Country Configuration: The country code may not be correctly configured in the system.
  Data Inconsistency: There may be inconsistencies in the master data related to banks.
  
  
  Solution:
  To resolve the VKKICDR016 error, you can follow these steps:
  
  
  Check Bank Key Configuration:
  
  Go to the transaction code OB52 or FI12 (depending on your version) to check the bank key configuration.
  Ensure that the bank key for the specified country and SWIFT code is correctly