Virtual account values

The values each enumerated field on a virtual account takes, and on the deposits it receives. Check it when you are branching on a field’s value.

`status`

Where the account is in its lifecycle. Which set comes back depends on the version you are pinned to. The status query filter always takes the raw values, whichever version you read.

View the status values by version

2026-04-14
2026-06-01

Value	Description
`approved`	The account can take deposits.
`rfi`	The owner still has to finish verification.
`declined`	The account could not be opened.
`deactivated`	The account is closed.

Value	Description
`pending`	The owner still has to finish verification.
`activating`	The bank is still opening the account.
`active`	The account can take deposits.
`failed`	The account could not be opened.
`deactivated`	The account is closed.

deposit `status`

Where an inbound deposit has got to.

View the 6 deposit status values

Value	Description
`PENDING`	The bank has told us about the money and it is being processed.
`COMPLETED`	The money is credited.
`FAILED`	The deposit could not be processed.
`REFUNDED`	The money went back to the sender.
`KYT_PENDING`	Held while a compliance check runs.
`KYT_REJECTED`	Held permanently after the compliance check declined it. Only a compliance-approved refund moves it, to `REFUNDED`.

`bank`

Which bank a US_BANK virtual account runs on, and with it the rail. A user’s capabilities.requested_banks takes the same values. These are the banks that open new accounts, in sandbox and in production. A bank your account is not authorized for is answered Invalid bank. An account opened earlier on another bank keeps working, and its bank keeps that bank’s value. A create that names one of those banks is answered 400 with code: bank_not_accepting_new_accounts, and nothing is created.

Value	Description
`austin_capital_trust`	A domestic rail. A `WIRE` payout from one of these accounts needs `extra_info.memo`.
`jp_morgan`	A domestic rail.

`mode`

What happens to money that arrives in a virtual account. Set when the account is created and never changes.

Value	Description
`fiat`	The deposit stays as a USD balance on the account.
`crypto`	The deposit is converted to a token and sent to the account’s `destination`.

destination `currency`

The token a crypto-mode deposit is converted to.

Value	Description
`USDC`	USD Coin.
`USDT`	Tether USD.

destination `network`

The chain the token is sent on.

Value	Description
`polygon`	Polygon.
`solana`	Solana.
`tron`	TRON.

`payment_methods` status

Whether a rail on the account can be used right now.

Value	Description
`active`	You can use it.
`disabled`	Switched off for this account.

Across the API

Authentication

Versioning

Users

Virtual Accounts

Recipients

Quotations

Payouts

Catalogs

RFIs

Virtual account values

`status`

deposit `status`

`bank`

`mode`

destination `currency`

destination `network`

`payment_methods` status

​status

​deposit status

​bank

​mode

​destination currency

​destination network

​payment_methods status

`status`

deposit `status`

`bank`

`mode`

destination `currency`

destination `network`

`payment_methods` status