Understanding the workflow of Swap Transfers

Payments go through a series of statuses throughout the workflow.

  1. Fiat swap transfers

    StatusStatus TypeDescription
    initiatedIntermediateA order has been created on TransFi end, and waiting for the user to complete the payment.
    fund_depositedIntermediateUser has submitted the payment details, waiting for the partner to confirm the payment receipt.
    fund_deposit_failedTerminalPayment is not received by TransFi or reverted back to end user due to incorrect information while paying in or compliance checks.
    fund_processingIntermediateOnce the payment is received by Transfi, payout to destination has been initiated.
    fund_settledTerminalThe fiat amount is successfully transferred to the provided destination details.
    fund_failedTerminalTransfer to destination has failed.

  1. Crypto swap transfers

    StatusStatus TypeDescription
    initiatedIntermediateA order has been created on TransFi end, and waiting for the user to complete the payment.
    asset_depositedIntermediatePayment has been successfully received to TransFi.
    asset_processingIntermediateOnce the payment is received by Transfi, payout to destination has been initiated.
    asset_settledTerminalThe crypto amount is successfully transferred to the provided destination details.
    asset_settle_failedTerminalTransfer to destination has failed.