Defining Bank Chains for Customers and Vendors 

Use

The purpose of this activity is to specify which bank chain is to apply for a given customer or vendor.

Prerequisites

You have already defined the master data for the customer or vendor.

Procedure

...

       1.      On the SAP R/3 screen, choose Accounting ® Financial accounting ® Banking.

The system now displays the Banking screen.

       2.      Choose Master data ® Bank chain ® Business partners ® Edit.

       3.      Enter the customer or vendor account number and select the indicator for the payment direction (incoming or outgoing payment). If necessary, enter the appropriate data in the parameters Company code, House bank, Account, Currency, and Payment method supplement. Choose Execute.

The system displays a list of partner banks.

In the Vendor field, enter KRED1 and select Outgoing payment.

       4.      Choose the required bank. If a bank chain did not already exist, the system displays a message alerting you to this fact.

The system displays the Bank Chain per Business Partner Account screen.

       5.      Choose Edit ® New entries and enter the desired specification for the bank chain. Bank chains are specified per Currency and (if necessary) also per Sender bank country, Sender bank key and Payment method supplement.

Enter EUR in the Currency field.

       6.      Choose Bank chain per business partner account, followed by Edit ® New entries and enter the required bank chain by specifying the:

-   Bank number

-   Bank category (correspondence bank of the sender, intermediary bank, sender’s correspondence bank)

-   Country

-   Bank key

-   Bank account of the correspondence or intermediary bank

No.                                                     1
Cat                                                     2 (intermediary bank)
Corr.Ctry
(Country of correspondence bank)                            DE
Corr.Bank key.
(Bank key of correspondence bank)                         111222

Bank account                                      GIRO

       7.      Save your entries.

Result

You have now created a bank chain for a customer or vendor partner bank for outgoing or incoming payments.