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What is the meaning of each transaction status?

Written by Agnest
Updated over a month ago

When you make a transfer on ScopeX, you may see different statuses. Here’s what each one means:

Send Funds From Your Bank:

You have booked the exchange rate and started the transaction, but the payment from your bank is still pending

Verifying Your Deposited Funds:

You have made the payment, and we are waiting to receive the funds from your bank.

Approve Transfer:

We have received and verified your funds, and are waiting for your approval.

Transfer in Process:

You have approved the transfer, and we are processing the transaction to the recipient.

Transfer Completed:

The transaction is finished, and the funds have been successfully remitted to the recipient.

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