Supplier Bank Swift Code

[anjan123]

Version R12/11i? = R12
Instance PROD/TEST/VIS? = Production
Module? = CM
OS? = Linux


Hi Folks,


we have following scenario,

Our Supplier is having a bank "HSBC" In different locations in the same city.

for ex:- HSBC is Having many branches , our supplier is having 4 accounts in different branches. each branch is maintaining same swift code (ABCDEF).

now we want to enter 4 different branch swift codes at same supplier.

system will allow this, if system allow means where we need to enter the swift code.


Regards
Anjan

now we want to

[karthikeyanp1981]

SWIFT ( Society for Worldwide Interbank Financial Telecommunication) Codes are given for every branch. The same can be entered in Oracle Apps under the field BIC (Bank Identifier Codes). BIC field is available in Release 11 and Release 12.
In Release 12, you can find this BIC field at the time of creating Bank Branch. I have tested creating two different branches with same BIC code, system did not throw any exception, system accepts it.
Also you can attach 4 different accounts belonging to the same bank to a single supplier .

Please check the metalink note 160615.1, where oracle stated the SWIFT field is renamed as BIC field in the recent versions.

Regards,
Karthikeyan