When a Transfer is created via POST /transfers, an associated Transaction is created with queued status. If it involves at least one custodial transfer, once the custodial transfer is initiated, the status will transition to pending.
Once a Transaction is settled, whether it has asset movement in custodial level, or is synthetic-only, or is RDFI (no Transfer associated), it will have a settled status.
| Status | Description |
|---|---|
denied | An authorization request that was rejected due to a variety of reasons (insufficient_funds, inactive_card, etc.). |
expired | Debit card auth has expired. |
failed | The Transaction has failed. This state indicates that one of the related Transaction Events could not be settled. A failed Transaction may require the reversal of a related Synthetic Line Item and/or Custodial Line Item. |
pending | The Transaction is being processed. This state will persist until all related Transaction Events have settled or could not be completed. |
queued | The Transaction is being prepared as a result of a Transfer request. Transactions that originate outside of Rize (e.g., debit card transactions, RDFI ACHs, direct deposits, etc.) will not be given this status. |
settled | The Transaction is complete. All of the related Transaction Events are settled. |
Transaction Types
How Rize groups transactions.
| Type | Description |
|---|---|
atm_withdrawal | Cash is withdrawn at an ATM using a Debit Card. |
card_purchase | A purchase is made using a Debit Card. |
card_refund | A previous Debit Card Transaction is refunded. |
corporate_action | Action by a publicly traded company that affects shareholders (e.g. dividend, stock split, etc.). |
credit | A credit to the account. Likely resulting from an Adjustment. |
denied_authorization | Denied card authorizations. Here is a list of the Denied Auth reasons. |
dispute | If a Customer claims that a Transaction was created in error, one or more Transactions will be created with this type to credit or debit based on the dispute outcome. |
external_transfer | This Transaction originates from a Transfer to or from an external Synthetic Account. |
fee | A fee charged to the account. This includes ACH reversals and Debit Card ATM fees. |
inbound_wire | Wire transfer triggered from outside of Rize. |
internal_transfer | The Transaction originates from a Transfer between two Synthetic Accounts that are not of type external. |
other | Miscellaneous Transactions, such as write-offs. |
reversal | Negates all or part of a previous authorization. |
reversed_transfer | A previous Transfer is reversed; when a Transfer is reversed, the type of the original Transaction will be external_transfer, internal_transfer, or third_party_transfer. |
third_party_transfer | The Transaction was initiated from an external source. This will likely be an RDFI ACH, where an external source initiates a withdrawal from or deposit to the account. |