Life Cycle

Learn about the different statuses a virtual account used as a transfer wallet can have during its life cycle.

The figure below shows the life cycle of a transfer wallet.

Transfer Wallet Life Cycle

Transfer Wallet Life Cycle

The table below lists the various statuses a transfer wallet can have during its life cycle.

StatusDescription
Active
(active)
A transfer wallet has been successfully created.
Deactivated
(deactivated)
The transfer wallet has been deactivated. This is a terminal status.

Once deactivated, the transfer wallet cannot be activated again.