---
title: Conversion statuses
---

This page describes the status transitions for the `conversions` object when a conversion is booked.

![fx status flow diagram](/assets/contentful/images.ctfassets.net/c3n7jozh84hr/1hICrjB9oNpeJ0NrWTN2c4/fc1693c419cfe81dcc0b5583e8819a87/image.png)

<AwxTable>
<thead>
    <tr>
     <th width="20%">Status</th>
      <th width="30%">Description</th>
      <th width="20%">Emitted webhook</th>
       <th width="30%">Next steps</th>
 </tr>
</thead>
<tbody>
      <tr>
    <td>SCHEDULED</td>
    <td>The conversion has been booked and scheduled for settlement on the conversion date.</td>
  <td>conversion.scheduled</td>
   <td>Ensure you have sufficient funds in the sell currency Wallet by settlement date for the conversion to be <code>SETTLED</code>. You can cancel (<code>CANCELLED</code>) unsettled conversions using <a href="/docs/api#/Transactional_FX/Conversion_Amendments/_api_v1_fx_conversion_amendments_create/post">Create an amendment</a> API.</td>
  </tr>
 <tr>
    <td>SETTLED</td>
    <td>Funds have settled into the Wallet.</td>
  <td>conversion.settled</td>
   <td>No action needed.</td>
  </tr>
<tr>
    <td>OVERDUE</td>
  <td>The settlement attempt has failed due to insufficient funds in the <b>sell currency</b> Wallet <b>past settlement cut-off time</b> for customers in post-funded mode.</td>
  <td>conversion.overdue</td>
    <td>Fund your sell currency Wallet to ensure the conversion is <code>SETTLED</code>. You can cancel (<code>CANCELLED</code>) unsettled conversions using <a href="/docs/api#/Transactional_FX/Conversion_Amendments/_api_v1_fx_conversion_amendments_create/post">Create an amendment</a> API.</td>
  </tr>
<tr>
    <td>CANCELLED</td>
    <td>Conversion was cancelled. Funds have returned to client's Wallet.</td>
  <td>conversion.cancelled</td>
   <td>No action needed.</td>
  </tr>
</tbody>
</AwxTable>


Status	Description	Emitted webhook	Next steps
SCHEDULED	The conversion has been booked and scheduled for settlement on the conversion date.	conversion.scheduled	Ensure you have sufficient funds in the sell currency Wallet by settlement date for the conversion to be `SETTLED`. You can cancel (`CANCELLED`) unsettled conversions using Create an amendment API.
SETTLED	Funds have settled into the Wallet.	conversion.settled	No action needed.
OVERDUE	The settlement attempt has failed due to insufficient funds in the sell currency Wallet past settlement cut-off time for customers in post-funded mode.	conversion.overdue	Fund your sell currency Wallet to ensure the conversion is `SETTLED`. You can cancel (`CANCELLED`) unsettled conversions using Create an amendment API.
CANCELLED	Conversion was cancelled. Funds have returned to client's Wallet.	conversion.cancelled	No action needed.