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# Understanding Transfer Statuses

This article explains the different transfer statuses and what each status means. 


# A transfer can have one of the following statuses:


###### Pending

* The transfer has been submitted and is waiting for its final result.

|| For Pending transactions, select Update Status to check the latest transfer status.


###### Successfully Processed

* The transfer has been successfully processed and settled.

###### Tanked

* The transfer reached an unsuccessful final status.

###### Rejected

* The transfer was rejected.

###### Cancelled

* The transfer was cancelled.


|| The status is updated within the same transaction record. A separate transaction is not created for each status update.