6 Replies Latest reply: Nov 4, 2010 3:33 PM by George Barron RSS

what is Bank key, num?

sravanthi konda
Currently Being Moderated

Hi,

 

What is Bank key or bank number ? what is their use? Can a bank key be different for different branches of a same bank in the same country?

 

Thanks,

Sravanthi

  • Re: what is Bank key, num?
    Eli Klovski
    Currently Being Moderated

    Hi,

     

    In this field, you specify the bank key under which bank data from the respective country is stored.

     

    When you define the country key, you also specify the country-specific definition of the bank key.

     

    Normally, you manage banks using their bank number. The bank number in the control data for the bank is then displayed twice, that is, as the bank key too.

     

    In certain countries, the bank account number takes on this function; then there are no bank numbers and the bank data is managed using the account number.

     

    For data medium exchange, you may find it useful to be able to enter foreign business partners without a bank number, even if there are bank numbers in the country in question. In this case, the bank key can be assigned internally.

     

    To manage bank data using another key, for example, the SWIFT code, external number assignment can also be used.

     

    Regards,

     

    Eli

  • Re: what is Bank key, num?
    sravanthi konda
    Currently Being Moderated

    Hi,

       Thanks for the reply. My Actual issue is:

        I have to enter bank details for a vendor. The bank is same as house bank but is different branch in same country, Is the bank key same as the house bank or different?

     

    Thnks,

    Sravanthi

  • Re: what is Bank key, num?
    Zubin Praful Shah
    Currently Being Moderated

    Kind request to search for basic queries on SAP Help Page.

    You can also take the efforts to search the forum database.

     

    Request the experts too, to kindly not answer & encourage basic queries and instead report it to the Moderators by using the "Abuse button".

     

    -Zub

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