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Error when using IBY_DISBURSEMENT_SETUP_PUB.Create_External_Payee() API

I am EBS R12.2.10 and trying to default supplier payment method using API
IBY_DISBURSEMENT_SETUP_PUB.Create_External_Payee(); 

I am getting error

Error Message from table type : IBY_DUPLICATE_EXT_PAYEE

I am trying to setup payment method at supplier level
  mo_global.init('AR');
    fnd_global.apps_initialize (user_id        => g_user_id,
                                  resp_id        => g_resp_id,
                                  resp_appl_id   => g_resp_appl_id);
--party_id from ap_suppliers table for the vendor_id
l_ext_payee_rec.Payee_Party_Id := 6061629;
l_ext_payee_rec.payment_function := 'PAYABLES_DISB';
l_ext_payee_rec.Exclusive_Pay_Flag := 'N';
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