1J514 - SWIFT code &1 does not match bank country &2 or bank key &3

SAP Error Message - Details

• Message type: E = Error

• Message class: 1J - BCA: Payment Order Dialog

• Message number: 514

• Message text: SWIFT code &1 does not match bank country &2 or bank key &3

What causes this issue?

The system did not find a unique entry in the BNKA table for the
swift code &V1&, bank country &V2&, and bank key &V3&.

How to fix this error?

Check the entries in the BNKA table, or choose another identification
variant for the recipient account.

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message 1J514 - SWIFT code &1 does not match bank country &2 or bank key &3 ?

  The SAP error message 1J514 indicates a mismatch between the SWIFT code and the associated bank country or bank key in the system. This error typically arises in the context of financial transactions or when configuring bank details in SAP.
  Cause:
  
  SWIFT Code Mismatch: The SWIFT code entered does not correspond to the bank country or bank key defined in the system.
  Incorrect Configuration: The bank details may not be correctly configured in the SAP system, leading to inconsistencies.
  Data Entry Error: There may be a typographical error in the SWIFT code, bank country, or bank key.
  Bank Master Data Issues: The bank master data may not be properly maintained or updated in the system.
  
  Solution:
  
  Verify SWIFT Code: Check the SWIFT code entered for accuracy. Ensure it is the correct code for the bank you are trying to use.
  Check Bank Country and Key: Ensure that the bank country and bank key are correctly defined in the system and that they match the SWIFT code.
  Update Bank Master Data: If there are discrepancies, update the bank master data in SAP to ensure that the SWIFT code, bank country, and bank key are aligned.
  Consult Documentation: Refer to the SAP documentation or your organization's guidelines for maintaining bank details to ensure compliance with the required formats and standards.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with a functional consultant who specializes in financial modules.
  
  Related Information:
  
  Bank Master Data: In SAP, bank master data is maintained in transaction codes such as FI01 (Create Bank), FI02 (Change Bank), and FI03 (Display Bank).
  SWIFT Codes: These are standardized codes used to identify banks and financial institutions globally. Ensure that you are using the correct format and code.
  Configuration Settings: Check the configuration settings in the SAP system related to bank communication and payment processing to ensure they are set up correctly.
  
  By following these steps, you should be able to resolve the error message 1J514 and ensure that your bank details are correctly configured in SAP.