3640906 - Set up IBAN Without BIC

How to Configure IBAN Without BIC in SAP S/4HANA Cloud ?

SAP S/4HANA Cloud Public Edition

1. Go to the Manage Business Partner Master Data app.
2. Open the Business Partner.
3. Navigate to the "Bank Accounts" tab.
4. Select the bank account.
5. Save the IBAN details without BIC.

Follow below steps for IBAN without BIC Configuration in Manage Your Solution' app:

1. Open 'Manage Your Solution' app.
2. Navigate to 'Configure Your Solution'.
3. Search for Define Settings for SEPA Countries/Regions (Configuration Activity ID - 105423).
4. Select the desired country and double-click it.
5. Locate the SWIFT Code / BIC Optional checkbox.

Incase while using SAP Central Business Configuration (CBC) :

1. Log on to the project experience in SAP Central Business Configuration.
2. Select the relevant project.
3. Navigate to the configurations activity tab.
4. Search for the configuration activity '105423-Define Settings for SEPA Countries/Regions'.
5. Select the configuration activity to navigate directly to the SAP S/4HANA Cloud system.
6. Display & select the relevant project.
7. Select the desired country and double-click it.
8. Locate the SWIFT Code / BIC Optional checkbox.

Behavior:

1. If the checkbox is selected:
   • The SWIFT code is optional and does not need to be entered for that country.
   • The payer is identified using the IBAN only.
2. If the checkbox is not selected:
   • The SWIFT code is mandatory.
   • The payer is identified using both IBAN and SWIFT code.

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