ERPstuff - Oracle EBS Community

Hi,

I have setup the payment process profile. There are some validations w.r.t. IBAN details. Though this field is not mandatory while defining the banks, but when we run a payment request, documents could not be built due to unavailability of the IBAN details. What can be probable value for this?
I searched and found out that we need to supply the SWIFT code here.
But whatever I write in the freetext provided for IBAN, it says invalid IBAN supplied.
Has anyone faced this issue?

Thanks,
Narayan

HI
Have you done the following setups
1.Define Bank Account

2.Attach Payment Document to Bank Account

3.Define Payment Process Profile and Assign Check Format To Payment Process Profile Which you format you assign to Payment Document.

4.Then Try to Run the Payment Process Request......

THANKS
NILETRA

Hi Niletra,

Yes I have done all the setups related to the payment process profile.
I want to know about the validations for the IBAN.

Thanks,
Narayan

Hi,

In the payment setup administrator, I can see many validations, one of which is the IBAN validation.
Is there any way I cam remove/edit/add any validations to these predefined set of validations?

Narayan

International Bank Account Number (IBAN)
---------------
The International Bank Account Number, or IBAN, is a series of alphanumeric characters that uniquely identify a customer's bank account anywhere in the world. The IBAN concept, developed by the European Committee for Banking Standards (ECBS) and by the International Organization for Standardization (ISO), is an internationally accepted standard.
--------------
The IBAN was designed within the background of growing pressure to improve the efficiency of cross-border payments in regard to cost, speed and quality. Such improvements require easier validation of foreign account numbers. The IBAN design provides a standard method to enable the cross-border account number formats to be recognized and validated. In effect, the IBAN is additional information placed before the national account number format of each country.

Although IBAN was intended for worldwide purposes, its adoption is being driven within Europe due to its support of monetary union and the preparation of a Euro-domestic payment system.

From the below link you can check whether your IBAN number is in valid format or not:

http://www.apacs.org.uk/payments_industry/ibans_4.html#


If you are in RUP 4 you might be facing it, if you are in any version higher than RUP 4, chances are more that you will not be facing this issue........

Hi Karthik,

Thanks for the response and the wonderful link to check the validity of the IBAN.
But isnt there any way I can remove the validation?
My client operates in Middle East and no need of IBAN there.

Thanks,
Narayan