3663723 - IBAN required error in Create Single Payment App

In the app "Create Single Payment", the error message "An IBAN is required for payment method & in country/region &" is encountered.

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SAP S/4HANA Cloud Public Edition

The error occurs because the 'IBAN Required' option is selected for payment method & in the configuration "Set Up Payment Methods for Each Country/Region for Payment Transactions" (ID: 101972).

1. Deselect the 'IBAN Required' option in the configuration "Set Up Payment Methods for Each Country/Region for Payment Transactions" (ID: 101972).
   
   
   
2. Alternatively, maintain the IBAN number for the bank accounts of the supplier in the app "Maintain Business Partner".
   

IBAN, Create Single Payment, Payment Method, IBAN Required, Set Up Payment Methods for Each Country/Region for Payment Transactions, 100972, Supplier Bank Account, Maintain Business Partner , KBA , FI-FIO-AP-PAY-2CL , Payment Apps (Public Cloud) , Problem