CHECK_DEPOSIT
Definition
This transaction type is used to denote the deposit of digital check into an Account Wallet.
Prerequisites for Transaction creation
For the creation of a transaction in the system, it is mandatory that the involved wallet and account are in an ACTIVE status.
Transaction status
The CHECK_DEPOSIT transaction supports the following statuses:
| Status | Description |
|---|---|
CREATED |
Marks the beginning of the transaction in the system. |
PROCESSING |
Indicates the check has cleared initial security checks and is currently being processed. |
PROCESSING_PAYMENT |
Signifies approval from the compliance department; the payment process with the bank is underway. |
COMPLETED |
Confirms that the funds have been successfully transferred to the Account Wallet. |
FAILED |
Denotes rejection of the check due to fraud or compliance concerns. |
ERROR |
Indicates the check was declined by an automated risk detection system. |
CANCELED_USER |
Reflects cancellation of the check by a fraud detection agent. |
MANUAL_REVIEW |
The transaction is under detailed review by the Compliance and Fraud department. |
CANCELED_SYSTEM |
An automated system rule resulted in the transaction's cancellation. |
REJECTED |
The transaction has been officially declined following a manual review by the Compliance and Fraud department. |
Status reason
The status_reason will be inherited from the Check entity that is associated with this CHECK_DEPOSIT transaction. For a list of Check status reasons, please refer to the Check section in this guide.
