Bank ID &1 changed in future. System does not adjust mandates

What causes this issue?

Bank details for &v1& were changed with a validity date in the future.

System Response

The original SEPA mandates can no longer be adjusted automatically.

How to fix this error?

If the SEPA mandates should continue to be valid, you must change the
SEPA mandates for the the bank details for &v1& manually. To do this,
use the <LS>SEPA Mandates</> pushbutton. Note that this change is valid
immediately.

Procedure for System Administrators

If the system is to adjust SEPA mandates automatically for changes to
bank details, in Customizing in the <LS>General Constraints</> activity,
in the context of <LS>Behavior for Changes to Business Partner</> for
<LS>Changed Bank</>, choose the setting <LS>Change Mandate Automatically
(Without Prompt)</> or <LS>Immediate Change in Dialog, Automatically in
Future</>.
INCLUDE FICA_NA_CUST_1 OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.