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Bank to Bank transfer of funds

Former Member
0 Kudos

Hi,

How do we process bank to bank transfer of funds in SAP?

I mean automatic instructions from the sending bank to receiving bank and subsequent accounting entries. (same company code) transfer of funds from one bank account to another bank account

In case of customer and vendor, SAP picks up open items and processes it but in case of bank transfer how does it happen?

Regards

Anish

Accepted Solutions (1)

Accepted Solutions (1)

Answers (1)

Answers (1)

Former Member
0 Kudos

Use Payments with Repetitive Code transaction code :

FRFT_B - Carry Forward Bank Accounts for execution,

and define bank to bank transfer using t code : OT81 - Repetitive Codes.

You do not need to go to payment program all steps can be done in one transaction.

Hope this help