Bank Key will be different for employee to employee or  unique for all

Hi Gurus,
i searched forum to get information on my requirement. But could"t get.
As we are (client) in different location with around 20000  employees. All are  haveing bank account numbers in respective locations. (1500 employees are working in bangalore, 2000 are in delhi..like that).
My query is: Can we maintain/Assign  Only one bank key (Defined by FI/CO as we know) for  all employees or based on account number of employee Finance people needs to define Bank key and the same we can assign to employee master data (info type 9)?
Bank key can be unique for all employees ?
Please give some light on this.
Regards,
MVR

Hi
The key issue here is when Automatic Bank transfers take place, the salary transfers should be paid to the correct bank account for each employee. The unique identifier is the bank key + bank account number. Therefore, if you have  300000 employees and each employee has an account ina  a different bank, you have no option but to create 300000 bank keys in the database.
Conflicts may very well arise if you assign arbitrary bank keys and if employees dont get paid in time because the amount went into a wrong bank account, you may well run into industrial relations issues.
In the UK, US etc, there is a central database of bank keys which is available as a commercial product and most companies purchase this in DVD format and upload the whole thing in the bank tables in FI. on an ongoing basis, if new branches crop up, they are manually updated from time to time.
Some posssible sources:-
1) Check if you can get a similar product in India, There used to be websites like indiainfoline.com which could provide this information for a fee.
2) Surely your FI department would have a list, as they must have been paying employees through Bank transfer before SAP was implemented.
3) The existing HR system surely must have a list of employees bank accounts along with Bank keys.
Bottom line, don't assume what the bank keys can be - try and ensure the correct bank key is used for each employee.

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