No suitable payment method defined for outgoing check

What causes this issue?

No suitable payment method for paying with outgoing checks was found in
country &V1& (paying company code &V2&)

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check the Customizing of the payment methods.
INCLUDE FICA_NA_CUST_2 OBJECT DOKU ID TX

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.