SAP Message R1219 - Enter at least one set of bank details

Diagnosis
In the Customizing the fields for 'Bank Details' have been set asrequired entry. However, you have not yet created any bankdetails for this business partner.

System Response
Error message

Procedure
Maintain at least one set of bank details for this business partner orchange the field grouping in the Customizing for bank details tooptional entry.