In plain English
This means the movement of money has already begun. The transfer is still being processed and is not finished yet.
In context
Here, it reports that the money transfer has been started and is still being processed rather than completed.
- Situation
- Sending transfers, receiving payouts, withdrawing funds, and reading wallet balances
- What it communicates
- Reports a transfer as currently being processed.
Meaning limits
By itself, this status does not establish when the transfer will be completed.
Examples
“By evening, the tuition payment was still a transfer in progress rather than a completed transfer.”
“When Marta checked the refund, her account showed it as a transfer in progress.”