3561421 - Error "Country/Region of the payer/payee bank not found" while executing payment proposal

• An error message "Country/Region of the payer/payee bank not found" is displayed while executing the payment proposal.

SAP Business ByDesign

1. Go to the Payables work center.
2. Go to the Payment Runs view.
3. Search for respective Payment Run ID.
4. Select View Payment Proposals.
5. Select the respective payment ID in the status In Preparation.
6. Choose Execute Proposal.
7. The error Country/Region of the payer/payee bank not found occurs.

The Bank Data in the respective supplier master is missing.

To maintain the bank data in the supplier master, follow these steps:

1. Go to the Payables work center.
2. Go to the Suppliers sub-view.
3. Search and select the respective supplier ID.
4. Choose Edit > Financial Data.
5. Navigate to the Bank Data sub-tab.
6. Select Add Row and maintain the relevant bank details details for the respective Bank Country/Region.
7. Ensure that the bank account validity is correctly maintained.
    

Messages in the Payment Run Application Log

Payment proposal, Error, Country/Region of the payer/payee bank not found, Payment Run. , KBA , SRD-FIN-ACP , Payables , Problem