Return Statuses
Once Return is created, you can view the status of that Return in the Modern Treasury Dashboard at any given time. Below is a description of each stage shown in Modern Treasury.
| Status | Description |
|---|---|
| Pending | This is the initial state for a new return. |
| Processing | This is a very short state where Modern Treasury is preparing the return to be sent to the bank. Originating returns only |
| Sent | The return has been sent to the bank. It may remain in this state for up to a few days, depending on the type of return. Originating returns only |
| Completed | The return has been reconciled to a posted bank transaction. At this point, we know the return was successful, and your account will have been debited or credited. |
| Returned | The originated return was returned by the RDFI. Originating returns only |
| Failed | This status is rare but may happen if there is an error at the bank. |
Updated 8 months ago