Details on the execution steps of your transfers
 

Each transfer (or transfer request) made has a status that allows a real-time follow-up.

"Pending" 📁

You've probably just created your Qonto account, and it has not yet been verified by our team. The transfer will be executed as soon as it's done. In the meantime, you can always modify or cancel the transfer.

"Scheduled" 📆

The transfer is scheduled and will be executed later. As long as the transfer is not labeled "in progress", you can still modify or cancel it.

"In progress" ⌛

The transfer is taken into account, but has not impacted your balance yet. In other words, the amount has not been sent. In some cases, you can still modify or cancel the transfer, if it has not been executed.

How long a transfer stays "In progress" depends on its type:

• Instant SEPA transfer: it is sent within 10 seconds.
• Standard SEPA transfer created after 10:30 AM on a business day: it stays "In progress" until the next business day.
• Non-euro SWIFT transfer: it is sent within 5 business days.

For more details, see the article "When will the recipient receive my transfer?".

"Sent" ✅

The transfer has been executed, and the funds have been sent out. It is impossible to cancel it at this stage (we advise you to contact the recipient directly if necessary).

"Declined by Qonto" ❌

There are several reasons why we may have to reject a transfer. For example, the recipient's account may have been deleted. Do not hesitate to contact our customer service, our agents will be able to give you more information.

"Canceled" ↩️

You canceled the transfer before it was executed. Your account balance will therefore not be impacted.