Configuring Database Mail failing with error - @no_credential_change is not a parameter for procedure sysmail_update_account_sp. (Microsoft SQL Server, Error: 8145)

Recently we have encountered the following error message while configuring Database Mail in SQL server 2005. Create new account 'XXXX' for SMTP server 'XXXX' (Error) Messages Unable to update account XXXX for SMTP server Microsoft.SqlServer...(read more)