Savings transactions have one of three statuses:
InitiatedThe Savings transaction you requested is still waiting to be processed by our bank. The transaction can still be canceled at this time. (Check the app for full details.)
ProcessingThe transaction has started, but your bank is yet to confirm the Savings have processed. Your Savings balance might already reflect the processing transaction, even if the funds haven't completely posted. Transactions marked as “Processing” cannot be canceled.
CompletedYour transaction posted, and Savings are now moved to the account in which they were sent. Please note: to prevent money-laundering, any deposit you make into your Albert Savings account cannot be withdrawn until 72 hours after the transaction initiated.