Transfer Status

Understanding the different statuses of your transfers on Busha can help you keep track of your funds. Here's a breakdown of what each status means:

Pending: Your transfer has been initiated, but we haven't received the funds yet. Think of this as the first step where you've told us about your transfer.
Processing: We've successfully received your funds, and they are now being actively handled. This means we're working on getting your transfer to its next stage.
Cancelled: The transfer has been cancelled and will not proceed. This could happen for various reasons, such as user cancellation or if the transfer couldn't be completed.

Funds Received (funds_received): This status specifically indicates that we have successfully received your payment for a deposit. For a simple deposit into your Busha account, this is the final step.
Funds Converted (funds_converted): If your transfer involves currency conversion (e.g., Naira to USD), this status means the conversion has been successfully completed. For transfers that only involve a conversion, this is the final status.
Outgoing Payment Sent (outgoing_payment_sent): This status indicates that the payment for your transfer has been initiated and is currently being processed on our end, ready to be sent out.
Funds Delivered (funds_delivered): This is typically the final status for transfers that involve sending funds out (like a payout). It means the transfer is fully completed, and the funds have reached their destination.

Here's how different types of transfers typically conclude:

Deposits: A deposit will typically stop at Funds Received.
Conversions: A conversion will conclude with Funds Converted as its final status.
Payouts: A payout or withdrawal will reach its final status at Funds Delivered.