> ## Documentation Index
> Fetch the complete documentation index at: https://docs.zodia-custody.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Interchange Statuses

> Status values for interchange settlement requests

| Status                      | Description                                                        |
| --------------------------- | ------------------------------------------------------------------ |
| SETTLEMENT\_RECEIVED        | Valid settlement received, doing first batch of validation         |
| SETTLEMENT\_INITIATED       | First validations passed, doing second batch of validation         |
| SETTLEMENT\_AWAITING\_FUNDS | Waiting for venue to send required funds to settlement wallet      |
| SETTLEMENT\_PAY\_IN         | Transfer client fund from vault to settlement wallet               |
| SETTLEMENT\_PAY\_OUT        | Move funds out of settlement wallet expected receiver              |
| SETTLEMENT\_COMPLETE        | Final status when settlement is complete                           |
| SETTLEMENT\_REJECTED        | Final status when settlement is aborted before funds are moved     |
| SETTLEMENT\_FAILED          | Final status when settlement is aborted after funds started moving |