Notifications and States
When you initiate a wire transfer with Column it goes through multiple state transitions. One of the most powerful features of Column lies in our ability to notify you during each transition. This keeps you updated throughout the process and allows you to track the outcome of that transfer.
States and Events
For outgoing wires, a wire will generally move from initiated to completed in rapid succession. Below are the states and events that an outgoing wire transfer may go through.
| Stage | Webhook Event | Description |
|---|---|---|
| Initiated | wire.outgoing_transfer.initiated | Column will submit your wire to the Fed once it is open (for wires that are submitted between 6:45pm ET and 9:00pm ET). |
| Completed | wire.outgoing_transfer.completed | The wire transfer request is successfully processed, requiring no further action. |
| Manual Review | wire.outgoing_transfer.manual_review | The wire transfer request is undergoing a manual review which will be approved or rejected by Column. |
| Rejected | wire.outgoing_transfer.rejected | The wire transfer request has been rejected by Column or by the Federal Reserve (this event will rarely happen). |
Below are the states and events that an incoming wire transfer may go through.
| Stage | Webhook Event | Description |
|---|---|---|
| Completed | wire.incoming_transfer.completed | Column has received an incoming wire transfer (credit only) from another ODFI, and processed it successfully. |
Below are the states and events that an incoming wire return request may go through.
| Stage | Webhook Event | Description |
|---|---|---|
| Initiated | wire.incoming_return_request.initiated | Column has received an incoming wire return request. |
| Manual Review | wire.incoming_return_request.manual_review | The incoming return request was placed in manual review. |
| Approved | wire.incoming_return_request.approved | The incoming return request has been approved, and Column has initiated an outgoing wire to return the funds to the requesting financial institution with the details in the return request. |
| Rejected | wire.incoming_return_request.rejected | The incoming return request was rejected. |
| Completed | wire.incoming_return_request.completed | The incoming return request response has been completed. |
Below are the states and events that an outgoing wire return request may go through.
| Stage | Webhook Event | Description |
|---|---|---|
| Initiated | wire.outgoing_return_request.initiated | Column has received an incoming wire return request. |
| Scheduled | wire.outgoing_return_request.scheduled | The outgoing return request has been cheduled to be sent. |
| Sent | wire.outgoing_return_request.sent | The outgoing return request has been sent to the Fed. |
| Manual Review | wire.outgoing_return_request.manual_review | The outgoing return request was placed in manual review. |
| Approved | wire.outgoing_return_request.approved | The outgoing return request has been approved, and the RFDI has initiated an incoming wire to return the funds to Column. |
| Rejected | wire.outgoing_return_request.rejected | The outgoing return request was rejected. |
| Completed | wire.outgoing_return_request.completed | The outgoing return request response has been completed. |
Below are the states and events that a wire drawdown request may go through. See wire drawdowns for more information.