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What Does My Account Status Mean?

Meghann Perkins avatar
Written by Meghann Perkins
Updated over 4 months ago

After submitting your Monorail account for review, you may see one of the following statuses:


1️⃣ "We Need More Info"

🔹 Your application was incomplete or contained information that requires verification (e.g., outdated address).
🔹 To resolve this, contact Customer Support, and we’ll help update your application.


2️⃣ "Account Archived"

🔹 Your account review period expired, and we had to archive your initial request.
🔹 To restart the process, we need to resubmit your information to the clearing house.


3️⃣ "Account Rejected"

There are two types of rejections:

🔸 Soft Rejection:
✔ Happens when an account remains in the "We Need More Info" stage for too long (about 14 days).
✔ You can re-register and submit a new application.

🔸 Hard Rejection:
❌ Occurs if there is suspected fraud or money laundering activity.
❌ You will not be able to re-register.


Need Help?

If you have any questions about your account status, please contact Monorail Support for assistance.

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