Conversion statuses
This page describes the status transitions for the conversions object when a conversion is booked.
| Status | Description | Emitted webhook | Next steps |
|---|---|---|---|
| SCHEDULED | The conversion has been booked and scheduled for settlement on the conversion date. | conversion.scheduled | Ensure you have sufficient funds in the sell currency Wallet by settlement date for the conversion to be SETTLED. You can cancel (CANCELLED) unsettled conversions using Create an amendment API. |
| SETTLED | Funds have settled into the Wallet. | conversion.settled | No action needed. |
| OVERDUE | The settlement attempt has failed due to insufficient funds in the sell currency Wallet past settlement cut-off time for customers in post-funded mode. | conversion.overdue | Fund your sell currency Wallet to ensure the conversion is SETTLED. You can cancel (CANCELLED) unsettled conversions using Create an amendment API. |
| CANCELLED | Conversion was cancelled. Funds have returned to client's Wallet. | conversion.cancelled | No action needed. |