Bank Key - FI01

Hi All,
For a company code how many bank key should we create.
Can I create just one and create all house banks within this master key, I mean for different banks, say..CITI, Lloyds, RBS.
Or do I need to create separate master key for each bank.
What is the ideal solution ?
Thanks
Anil

Hello,
Bank Key is the Master Data and it contains the details for the companies address. you can create the bank keys based on the address of you house bank and you can create multiple bank keys if the you have the account with the same bank at multiple location.
For example. if you have account with AXIS Bank @ Mumbai  and Kolkatta branches the create a separate bank key for Mumbai A/c and Kolkatta A/c.
Hope i am Helpful to you
Best Regards,
Ravi Reddy

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