Bank Key in Netherlands

[former_member228471]

Hello Friends,

One more Urgent help on House Banks.

I am in Roll Out project.

In House Bank Configuration, I requested the client to provide bank key.

They seem to have no idea about what a bank key is? Please advise if bank key can be any customized number etc?

Is this something given by bank? What is bank key called in Netherlands (client is a NL country company)

I have searched some threads but didn't find any complete answers.

Please help.

Sunil

[former_member182098 · Accepted solution]

Bank key is nothing but sort code. Please ask them for the sort code.

You should get the bank directory files, which needs to be uploaded in BAUP.

Meanwhile, refer SAP Notes 132012 and 1459715 for directory details and provider addresses.

[former_member228471 · Accepted solution]

Hi Ravi,

Thanks You for the reply.

Just to confirm, Is bank key called as "Sort Code" in Netherlands?

Thanks,

Sunil

[former_member182098 · Accepted solution]

Sort Code is the name given in UK, however, it should be the same in Netherlands.

Bank Key is nothing the entry that you create in FI01, nothing but the identifier of your branch.

[former_member228471 · Accepted solution]

Hi Ravi,

Ok, thanks. I would ask for the sort code, then.
In case if I end up in entering an incorrect Bank Key, Can i edit the same later?

(how to assign points in this forum?)

Thanks,

Sunil

[former_member182098 · Accepted solution]

Before you enter in FI12, you must have created them in FI01.

Otherwise, it is not possible to enter in FI12.

If you believe the sort key is wrong, then you can create a new Sort Key in FI01 and change the sort key in FI12.

You can click on Helpful answer / correct answer links.

[former_member228471]

Hi All,

Thank You for the quick response and help!

I wish you all a very happy and safe Christmas too!

Kind Regards,

Sunil

[siwar_taleb]

Hi,

In relation to your question, i'd like to add that the bank key (please do not mix up with bank code number) is needed to determin the bank master data thus this field must always be filled.
From the bank master data, system gets information to create the data carrier.

Furthermore it is important to maintain the name of the bank and the SWIFT in bank master data.

For further information please refer to note no. 1012293.

Regards,

Siwar

[former_member183378]

Hello Sunil,

Bank key is an identification key which is used to identify a particular bank in the SAP System. Normally, bank number is used as a bank key, in which case bank number is also identified as a bank key.

Bank Account Number is an unique identification code of the bank. This code is provided by bank and is used to identify the particular branch in interbank transactions.

This will be provided by bank. We should not take one number as a bank key.

Please inform your client to get in touch with bank for this.

I hope it helps else revert us with your queries.

Thanks & Regards,

Lakshmi S