Set up wire transfer for foreign vendor

Hi all,
anyone knows how to set up wire transfer for foreign vendor? please advise.

Hi Nancy,
You need to have a Bank Account which is setup to issue payments in foriegn currency.
Apart from that all other steps remain the same as to doing a domestic wire.
Provide points if found usefull.
Thanks,
Praveen

Similar Messages

  • How to set up wire transfer for foreign vendor?

    Hi all,
    Prior to the question I posted, I guess my question is : what configuration steps need to be done in order to set up a wire transfer for foreign vendor?
    please advise.

    Hi Nancy,
    You need to have a Bank Account which is setup to issue payments in foriegn currency.
    Apart from that all other steps remain the same as to doing a domestic wire.
    Provide points if found usefull.
    Thanks,
    Praveen

  • Wire transfer for Sweden Vendor

    Hello Experts,
    We have a new foreign vendor from Sweden and we have to pay him through wire transfer.
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    This is kind of urgent as the payment due date is very near.
    b) Can anyone let me know the split of the IBAN number, because I have a very big 24 character IBAN account number that starts with country code SE (Sweden) and I could not figure out the actual account number in that 24 character. I guess SAP allows only 11 character bank account number.
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    Sriram:
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    In the payment method "T" input RFFOUS_T (FBZP > Maintain payment methods in country, also, maintain entries for payment methods in company codes).
    Print dataset is LIST3.
    Choose outgoing payments, bank transfers, Document type - ZP, Clearing Document type ZV in the "T" payment method configuration.
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    I don't think IDOCS will be required.
    Let me know if you need more info.
    Assign points if info helps
    Vj

  • Wire transfer for USA

    Hi,
    I have implemented ACH and Check payments, they are working fine. Now the client is asking for Wire transfer.
    What payment program is used for wire transfer?
    Will it create a DMEE file like ACH with IBAN that can be transmitted to Bank?
    How do we manage wire transfer for US local payments where IBAN is not generated?
    Pls let me know any other configuration for wire transfers?
    Thanks
    Srini

    Hi
    generally for wire transfer setting/configuration - all fields in payment transactions will used - maintained in Vendor master data for wire transfer .
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  • Cheque Amounts for Foreign Vendors

    Hi All,
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    Eg.: 1,317,150.00     is printing      1.317.150,00   (The commas are being replaced by periods and vice versa).
    Amounts for both Canadian and foreign vendors are in CAD$.
    How can I set the format to display correctly? Points will be awared generously!!
    Thanks,
    Deki

    I didn't change any parameters. They were set correctly to begin with. Any other ways I can fix this?
    Thanks,
    Deki

  • How to app run for foreign vendors and customers please tell the steps

    hai every body this is raj
    i am asking how to create the foreign vendors and how to apprun for foriegn vendors please tell the steps
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  • Payment program for foreign vendors

    Hi Experts,
    Can some body shed light on this..
    Can we run the payment program for foreign vendors in their currency.. if soo what r the settings needed.Pls send in this mail iD ([email protected])
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    Hi,
    Yes we can run the payment program for foreign vendors in their currency.
    In FBZP double click on Pment Methods in Country
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    Jyostna

  • Excise details for foreign vendors, Error: 8I565

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    Foreign vendors do not have excise details, Is there any config/ SAP note available to ovecome this issue?
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    NDS

    Hi Jeyakanthan,
    I checked that SAP Note,  that is already there in ECC 6.0 EHP4.
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    This SAP Note makes it necessary to enter a dummy data in vendor excise details.
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  • Check format for Foreign Vendor

    Hi guys,
    When we need to pay a foreign vendor thru check, the currecny format and date format defaulted from that vendors's country' and most of the time its different than US format.
    I am using alternate payee to cut  the check for foreign vendors in US currency ,date format.Is there any other way we could achieve this without creating another master record for foreign vendor??
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    Shaun

    HEllo Shaun,
    I believe you can add some source code to your form to change the format of the currency and date depending on the country.
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    Hello experts,
    Is it possible to activate CIN tab for foreign vendors also?
    We have a requirement in our project.
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  • Getting for foreign vendor for getting excise capture

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    regard
    nabil

    Hi sayednabil ,
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    Import PO you are procuring material from Import vendor thats all. when you see the material vendor invoice only material price will be there.
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    You have to create vendor for each custom or fright & C&F vendors.
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  • Error In Transaction F-44 for Foreign Vendor Payment

    Hi Experts,
    User is getting the Error In Transaction F-44 (G/L account 14281001 xxxx does not exit) while doing Vendor Payment to Foreign Vendors.
    When I checked in Vendor Master Data, Reconcilliation account is maintained for all Foreign(other) & Foreign(Intercompany) Vendors.
    The GL 14281001 is maintain in the account determination configuration for other Foreign Vendors.
    User is getting this Error After successful FF67 transaction Process.
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    Hi Amitash,
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  • Excise for foreign vendor

    i need to know that if i am doing a import po, in that case how i will capture my excise setting, as we know that no option to capture the detail of vendor in j1id, then how i will capture excise invoice  and take the benefit for cenvatin that case how i must go through.
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    nabil

    Hi,
    Check the below link:-
    Import Business Process and Pricing
    Re: Domain process-Import???
    Import Purchase Process
    Re: Process of import PO
    Users opposing- the Import PO  process
    Re: Import PO Processing
    Also check wiki link for SAP CIN Settings/configurations
    http://www.sdn.sap.com/irj/scn/index?rid=/library/uuid/207dd2ad-bf92-2b10-a88b-e3a4a01ca7fc
    http://wiki.sdn.sap.com/wiki/pages/viewpage.action?spaceKey=ERPLO&title=CIN+Configuration&decorator=printable
    Also check other links
    http://www.sap-img.com/materials/process-of-imported-material-with-excise.htm
    http://www.sap-img.com/materials/procedure-for-import-po-and-duty.htm
    General import procedure in this link
    http://www.indiandata.com/import_procedures.html
    pherasath

  • Errors for foreign payments in the APP run

    HI all
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    Thnaks in advance
    Best Regards
    Venu

    Hi Venugopal,
    Please paste the log message here to find out what may be wrong with this issue..What is the error message.
    As a wild guess, Please check your settings in FBZP>Payment Methods in Company code> Check the section Foreign Payments/Foreign Currency payments, whether all are allowed or not for your Payment method of Foreign payment.
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    SAPFICO

  • Not able to post Realized Gain/Loss GL acct during foreign vendor payment

    Dear Experts.
    1.  When I make a vendor payment by using F-53 for USD payment for foreign vendor.  I am supposed to get Realised Gain /Loss account for the variation on payment date.
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    5.  When I paid to vendor, realzied amount did not capture.
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    2.  T. COde OBA1.  and KDF - Here I maintained Realized gain and loss and unrealized loss and gain along with balance sheet adjustment account for foreign vendor reconciliation account.
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    Best Regards
    Surya

    Hai Surya,
    Check the OBA7 t.code for doc type  whatever ur using like KZ in that check the Exchange rate type specified or not like M,G, or B based on ur OB08 t.code settings
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    Madhu I

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