Conversion statuses

Conversions have different status types and state transitions. There are two types of status: Intermediate (transition) and Terminal (final).

fx status flow diagram

Status	Description	Emitted Webhook	Next steps
`AWAITING_FUNDS`	Intermediate status. Conversion booked successfully, and waiting for client funds. Post-fund pending deduction state.	`conversion.awaiting_funds`	On the settlement date, if there are sufficient funds in sell currency, the conversion will transition to `PENDING_SETTLEMENT` and then be immediately `SETTLED`. You can cancel (`CANCELLED`) unsettled conversions using the Create an amendment API API. See Funding and settlement models for more information.
`PENDING_SETTLEMENT`	Intermediate status. Conversion is processing. Pre-fund future-dated conversions pending settlement state.	`conversion.pending_settlement`	On the settlement date, the conversion will transition to `SETTLED`. You can cancel (`CANCELLED`) unsettled conversions using the Create an amendment API API. See Funding and settlement models for more information.
`CANCELLED`	Terminal status. Conversion cancelled. Funds returned to client wallet.	`conversion.cancelled`	No action needed
`SETTLED`	Terminal status. Funds have been settled in the wallet.	`conversion.settled`	No action needed
`ROLLOVER_REQUESTED`	Deprecated	`conversion.rollover_requested`	n/a
`PENDING_ROLLOVER`	Deprecated	`conversion.pending_rollover`	n/a