Credit transfer statuses

The status flows for credit transfer transactions, trusted beneficiaries, and Standing Orders.

Credit transfer statuses

Account balances

There's a close link between transaction statuses and account balances. Refer to explanations of types of account balances in the accounts section.

Transfer transaction status	Explanation
Upcoming	Transfers are initiated and consent was granted, but the transfers aren't executed yet. Often, this is because the transfer was planned for a future date using the requestedExecutionAt input. Upcoming transfers don't impact the account balance. International Credit Transfers can't be Upcoming
Pending	Transfers are initiated, consent was granted, and the transfer is set to happen within a few days. The transfers aren't debited from the account yet, but they impact the account's Pending balance. Sometimes, transfers might stay Pending for longer than expected. This could be for a few reasons, including the possibility that the transaction required a manual review from Swan, or a SEPA Credit Transfer was initiated on a TARGET closing day.
Booked	Completed credit transfers that are displayed on the official account statement. These transfers have been debited from the account, and they impact the account's Booked balance.
Canceled	An Upcoming transaction is canceled by someone with the right to do so, such as the account holder or an account member. Only transfers with the status Upcoming can be Canceled, and Canceled transfers don't impact the account balance.
Rejected	Declined or refused transfers. For example, the beneficiary account might be closed, or the account's Available balance isn't sufficient to complete the transfer without resulting in a negative balance.

Standing Orders

Statuses for Standing Orders differ from other credit transfers.

Trusted beneficiary statuses

Trusted beneficiary status	Explanation
ConsentPending	An eligible account member added a trusted beneficiary, either directly (with the dedicated mutation or through Web Banking) or when initiating a transfer. To finish adding the trusted beneficiary, an account member with the canManageBeneficiaries permission must consent with Strong Customer Authentication (SCA).
Enabled	Consent was received to add the trusted beneficiary. Eligible account members can now initiate transfers to this trusted beneficiary.
Canceled	Consent wasn't received to add the trusted beneficiary, or the trusted beneficiary was removed from the list by an eligible account member.

Standing Order statuses

Unlike other credit transfer status flows, Standing Orders only cycle through three statuses.

Status	Explanation
ConsentPending	Standing Order was scheduled but consent hasn't been received.
Enabled	Consent for the Standing Order was received, the order is executed as scheduled indefinitely according to its configuration.
Canceled	Either the Standing Order was canceled or consent was refused.

International outgoing transfer statuses

Outgoing International Credit Transfers cycle through three possible transaction statuses.

Status	Explanation
Pending	Status assigned when the transfer is initiated; the transfer retains the status Pending while the transactions associated with the transfer follow the standard transaction status flow
Booked	Funds arrived in the beneficiary's account
Rejected	Transfer isn't executed for any of several reasons, including insufficient funds, lack of consent, and more