Transaction Status Mapping
| State Type | API Status | Dashboard Status | Description |
|---|---|---|---|
| Progress | FundsReviewInProgress | Reviewing Funds | The deposit has been received and is undergoing a brief compliance and eligibility check (e.g., AML screening). This status is rare and typically resolves quickly. |
| Progress | ConversionInProgress | Exchanging Funds | The deposit has cleared review and is being converted to the configured destination asset. |
| Progress | PayoutInProgress | Processing Payout | Iron has sent the funds to the connected banking provider or blockchain. This step may take time depending on external networks. |
| Terminal | Completed | Transaction Complete | The funds have been fully processed and handed off to the destination. No further actions will occur. |
| Terminal | Failed | Deposit Failed | The deposit or transfer failed due to a general processing error. |
| Terminal | RejectedAml | Rejected by Compliance | The deposit failed AML or compliance checks and has been rejected. |
| Terminal | RejectedFraud | Rejected by Fraud | The deposit failed anti-fraud review and has been rejected. |
| Terminal | RejectedMinAmount | Deposit Below Minimum | The amount was too low to process and has been rejected. |
Settlement Times by Payment Method
The time it takes for a transaction to complete depends on the payment rail used. Below are typical settlement times from initiation to completion:| Payment Method | Typical Settlement Time | Notes |
|---|---|---|
| SEPA (Instant) | Near-instant to 10 seconds | For transactions under €100k within the EEA |
| SEPA (Credit) | 1-2 business days | Standard for transactions over €100k; usually settles within 24 hours |
| ACH | 2-3 business days | Common for US domestic transfers; funds typically available on the third business day |
| Wire | Same day to 1 business day | Faster option for US domestic transfers; often completes within hours if initiated early in the business day |
| Chaps | Same business day | UK domestic transfers; must be initiated before the daily cutoff time |
| FPS | Near-instant to 2 hours | UK Faster Payments; typically completes within minutes |
Settlement times are estimates based on typical payment rail processing. Actual times may vary depending on:
- Banking partner processing schedules
- Compliance and AML review requirements (see
FundsReviewInProgressstatus) - Time of day and business day cutoffs
- External network delays
API Endpoint
GET/api/autoramp-transactions/ids
Use this endpoint to retrieve the latest status of specific transactions (up to 100 at a time). Useful for syncing or polling real-time transaction states. At least one transaction ID is required.