Notifications and States
When you initiate or receive an international wire transfer with Column it goes through multiple state transitions. Column will notify you during each transition. This keeps you updated throughout the process and allows you to track the outcome of that transfer.
Swift GPI will soon be available for insightful international wire tracking!
Below are the states an outgoing international wire may move through.
|Initiated||Column has received your request and will submit it to the Swift network very shortly.|
|Manual Review||Column is manually reviewing your request, and will submit it once it is approved.|
|Submitted||Column has submitted your request to the Swift network.|
|Completed||Column has settled the funds to the beneficiary bank or correspondent bank.|
|Returned||Your request has been returned/rejected by the Swift network, correspondent bank, or beneficiary bank.|
|Cancellation Requested||Column has submitted your request to cancel an outgoing transfer to the Swift network.|
|Cancellation Accepted||The beneficiary bank of an outgoing transfer has accepted your cancellation request, and funds will be returned shortly.|
|Cancellation Rejected||The beneficiary bank of an outgoing transfer has rejected your cancellation request, and funds will not be returned.|
|Tracking Updated||Tracking details of an outgoing transfer are updated.|
Below are the states an incoming international wire may move through.
|Initiated||Column has received the incoming transfer message, but not received the funds yet.|
|Completed||Column has received the funds for the incoming transfer, and settled it successfully.|
|Pending Return||Column has received your return request for the incoming transfer, but not returned the funds yet.|
|Returned||Column has successfully returned the funds of the incoming transfer.|
|Cancellation Requested||Column has received a cancellation request for an incoming transfer.|
|Cancellation Accepted||You have accepted the cancellation request of an incoming transfer by returning it.|
|Cancellation Rejected||You have ignored the cancellation request of an incoming transfer without returning it. So Column has rejected the cancellation request on your behalf.|
|Tracking Updated||Tracking details of an incoming transfer are updated.|