Error in module DBBV, field &1: &2

What causes this issue?

Data module DBBV (bank details) contains incorrect data.
A check with error number &v2& was performed along with the core check
program of the receiving office and returned an error.

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

List of checks:
<ZH>DBBV050:</> The IBAN must be entered for a transfer.
<ZH>DBBV060:</> For a transfer before February 1, 2014, the BIC needs to
be entered if "DE" is entered as the country code in the IBAN field
(position 1-2).
<ZH>DBBV062:</> For a transfer, the BIC needs to be entered if a value
that is not "DE" is entered as the country code in the IBAN field
(position 1-2).

System Response

How to fix this error?

The notification is created with the status <LS>With Errors</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.