2829269 - Value help details for Bank Control Key in Manage Bank Accounts

There is no value help available for the field "Bank Control Key" in the app "Manage Bank Accounts".  If the Bank Control Key is not maintained, error message "Invaild control key for bank account XXXX YYYYY ZZZZZ" is raised during Payment Media creation for certain countries(For eg: For Bank Accounts in Japan, the field Bank Control Key is mandatory for payment media creation).

SAP S/4HANA Cloud Public Edition

1. Open Manage Bank Accounts app.
2. Search the bank account number.
3. Click it from result list and navigate to the bank account master data.
4. Click Edit button and select House Bank Account Connectivity section.
5. Click the house bank account to navigate to the details page.
6. Select House Bank Account Data section.
7. Bank Control key field is empty. No Value help available.

The value of Bank Control Key is country specific. Below are the values that can be maintained in the field based on the countries:

Brazil, France, Spain, Portugal, and Italy
This field contains a key for checking the combination of bank number and bank account number.

USA
In the USA, this field determines whether you are dealing with a savings or checking account (if you do not enter a value, then 01 is taken as the default):
01 Checking Account
02 Savings Account
03 Loan
04 General Ledger

Japan
In Japan, the content of the field specifies the type of account. This information is transferred to the payment medium by the payment medium print program. For example, the following account types are used:

01 FUTSU (broadly equivalent to a savings account)
02 TOUZA (broadly equivalent to a checking account)
04 CHOCHIKU (broadly equivalent to an assets account)
09 Other bank accounts

South Africa
In South Africa, the content of the field specifies the type of account. The information you enter here is forwarded to the bank that is to carry out the payment request. The following account types are allowed in ACB format:

01 Current (Cheque) Account
02 Savings Account
03 Transmission Account
04 Bond Account
06 Subscription Share Account

Argentina
In Argentina, the account type is specified:

CC Current Account (Cuenta corriente)
CA Savings Account (Caja de ahorro)
CE Special Savings Account (Caja de ahorro especial)
CS Salary Account (Cuenta sueldos)

Venezuela
In Venezuela, the account type is specified:

CC Checking Account (Cuenta corriente)
CA Savings Account (Cuenta de ahorro)
CE Special Savings Account (Cuenta de ahorro especial)
CS Salary Account (Cuenta sueldos)

Mexico
In Mexico, this field contains a two-character key that classifies the bank account, for example, as a savings or checking account; checking accounts have bank-specific definitions.

India
In India this field specifies the bank account category of the employee. The account categories are defined as follows:

10 Savings account
11 Checking account

Note: In countries not listed, the field may be utilized for account-specific information.

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