Your transactions' progress can be monitored through the Transactions dashboard, with each transaction displaying one of several statuses:
Pending: Your transfer is awaiting confirmation. This status transitions to "Pending Deposit" after the quote acceptance or to "Canceled" if the transaction is aborted.
Pending Deposit: Cedar awaits your deposit of the designated local currency. This will shift to "In Progress" once the deposit is confirmed or to "Canceled" if you decide to halt the transaction.
In Progress: Indicates Cedar's receipt of funds and the commencement of currency conversion and payout. At this juncture, cancellation requires contacting support at support@cedar.money for any possible intervention.
Completed: Signifies a successful transfer completion, marking the end of the transaction journey.
Canceled: Represents a transaction aborted before its fulfillment, often prior to the deposit phase.
Failed: Occurs due to processing issues or recipient bank errors, preventing transaction completion. This status indicates a need for review or correction to proceed.
Each status guides you through the transaction's lifecycle, ensuring transparency and control over your financial transfers.