Bank Account Verification Statuses

This page sets out possible statuses and explanatory status codes for Bank Account Verification.

Note

No risk code or CDD Report is generated for Bank Account Verification.

Statuses

Possible statuses include:

Status	Guidance
`new`	Description: The workflow is successfully created. Action: Wait for `pending` status.
`pending`	Description: The client initiated the transfer, and a reference payment was created. Action: Wait for `pending_verification` status.
`pending_verification`	Description: The transfer was successful and the reference payment is being processed. Action: Wait for `completed` status.
`kyc_required`	Description: The client's Identity Verification case was unsuccessful, or there is no Identity Verification case for this client. Action: Create a new workflow that includes Identity Verification and Bank Account Verification.
`completed`	Description: The reference payment was successfully processed. Action: None.
`failed`	Description: The reference payment failed. For the specific reason, check the accompanying status code. Action: Create a new workflow for Bank Account Verification only. Status codes: `7000` series

Note

The workflow may still reach the workflow status completed while the product status is kyc_required or failed. See Workflow statuses.

The status pathways are as follows:

If Identity Verification has already been completed, follow these status pathways.

Bank Account Verification status flow

If Identity Verification and Bank Account Verification occur simultaneously, follow these status pathways.

Identity Verification with Bank Account Verification flow

failed status can be accompanied by one or multiple of the following status codes:

Status code	Description	Action
`7000`	The client did not complete the Bank Account Verification flow in time and it expired.	Create a new workflow for Bank Account Verification only.
`7011`	Fourthline did not receive the required data to complete the Bank Account Verification flow.	Create a new workflow for Bank Account Verification only.
`7012`	The information received from the bank does not match the client's Identity Verification case.	Create a new workflow for Bank Account Verification only.
`7021`	A problem occurred with the client's bank.	Wait for the next status notification.