Vendor bank information enhancements in Microsoft Dynamics 365 SCM

If you are using Maintain vendor bank information using vendor collaboration workspace feature, you might experience some issue with entering bank details. For example, prior 10.0.28 when you create a new bank account in the vendor collaboration for non-USD vendors, IBAN and Swift code fields were mandatory. 

In 10.0.28 IBAN and Swift code fields became optional by default, but a new parameter was introduced that controls whether SWIFT and IBAN are required for non-USD vendors. Keep in mind that this parameter is applied only to the bank accounts created from the vendor collaboration (not from the vendor)

1. Go to Accounts payable -> Setup -> Accounts payable parameters.
2. Select General Fast Tab
3. Parameter: Require SWIFT and IBAN for non-US vendors.

Walkthrough:

1. Go to Vendor collaboration -> Workspaces -> Vendor information.
2. Select Vendor that has not USD currency.
3. Select More details button.
4. Choose Bank information.
5. Select Add button
6. Based on the "Require SWIFT and IBAN for non-US vendors", IBAN and SWIFT fields will be mandatory or optional. 

That's it!