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Language Foundation

transfer initiated

Transfer initiated is a status in which the process of sending a payment from one bank account to another has begun but is not yet complete.

In plain English

This status means a bank-to-bank payment is already in progress. The sending process from one account to another has started, but the transfer has not finished yet.

In context

Here, "transfer initiated" reports that the bank-transfer payment step has started and is not yet complete.

Situation
Reading card, bank, wallet, authorization, decline, pending, and settlement states
What it communicates
labels that the bank-transfer payment step has been started.

Meaning limits

By itself, this status does not say whether the transfer will complete successfully or when it will finish.

Examples

“At breakfast, the bank transfer to his sister showed as transfer initiated, and by lunch it showed as complete.”

Core meaning

“The rent payment from Mia's account to the landlord's account remained transfer initiated through the afternoon.”

In context

  • transfer complete Contrast

    This status is before the transfer is finished; transfer complete means the transfer has finished.

  • payment status Broader Term

    A transfer initiated status is one kind of payment status.