Core Transfer Statuses
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.Specific Transfer Statuses
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.
Transfer Completion Flow
Here’s how different types of transfers typically conclude:Deposits
A deposit will typically stop at Funds Received.
Deposit Flow for Busha Transfer
Conversions
A conversion will conclude with Funds Converted as its final status.
Conversion Flow from currency to currency
Payouts
A payout or withdrawal will reach its final status at Funds Delivered.
Withdrawal Flow on Busha