What is external data transfer in SAP IS-B - SAP for Banking?

SAP Term: external data transfer

• Component: IS-B

• Component Name: SAP for Banking

• Description: Bank Components Component for transferring data from a legacy or previous/feeder system to the SAP System.

Smart SAP Assistant

• Key Concepts: 
  External data transfer is a feature of the IS-B SAP for Banking component that allows users to transfer data from external sources into the SAP system. This feature enables users to quickly and easily integrate external data into their SAP system, allowing them to make better decisions and improve their business processes. 
  
  How to use it: 
  To use the external data transfer feature, users must first configure the external source in the SAP system. This includes setting up the connection between the external source and the SAP system, as well as defining the data fields that will be transferred. Once this is done, users can then transfer data from the external source into the SAP system. 
  
  Tips & Tricks: 
  When configuring an external source for data transfer, it is important to ensure that all of the necessary data fields are included in the configuration. This will ensure that all of the relevant data is transferred into the SAP system. Additionally, it is important to regularly check for any updates or changes in the external source, as these may affect how data is transferred into the SAP system. 
  
  Related Information: 
  For more information on using external data transfer with IS-B SAP for Banking, please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide tutorials and tips on using this feature.