Unable to record an IBAN if the Bank/Branch is not available in Oracle

Summary:

Unable to record an IBAN for employees if the Bank/Branch is not available in Oracle

Content (please ensure you mask any confidential information):

Hello, we have seen that the Bank and Branch fields are not mandatory when defining a bank account for employees of specific countries in the Payment Methods page. However, if I enter an IBAN with a Bank/Bank Branch which has been not saved in the Manage Banks page/ Manage Bank Branch page, the system shows me an error message, not allowing me to save the bank account for the employee.

Is it then always necessary to track the Bank and Bank Branch in the Manage Banks and Manage Bank Branch setup page before using them to create a bank account for employees, even if they are not mandatory fields in the Payment Methods page?