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
The table below lists the various statuses a transfer wallet can have during its life cycle.
| Status | Description |
|---|---|
| Full KYC Pending ( full_kyc_pending) | Create a virtual account used as the transfer wallet API is successfully triggered. Once this status is acquired, you must submit the KYC details of your applicants to the ZWITCH KYC Team from your registered email address. Note: For information about the KYC documents required to create a virtual account used as transfer wallets for different companies and business types, please consult our ZWITCH KYC Team. |
| 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. |
Updated 8 months ago