Bank selection (SAP Library - Payment Program for Payment Requests (FI-BL))

Bank selection

Use

For payment transactions, you need house banks and possibly the bank details of your business partner.

House banks are the banks with which your company code maintains an account. See the unit entitled House banks.in order to see how to define your house banks.

Depending on the payment method used, you may need the bank details of your business partner. For example, you need the bank details of your business partner for transfers but not for clearing checks. Enter the bank details of your business partner in the master records.

You can define as many bank details as you want, both for your company codes and for your business partners. You can determine which bank is selected by

An explicit specification in the master record of the business partner or in the payment request. The specification in the payment request has higher priority.

For payments between bank accounts, the bank details must be specified in the payment request. Up to three intermediary banks can be specified in the payment request.

The payment program which determines, according to specified rules, the most suitable house bank or the optimal combination of house bank and business partner's bank.