Account application statuses - External

These account application statuses apply if the Tuum configuration for accounts is External or Hybrid.

APPLICATION STATUS CODE	DESCRIPTION
INSERTED	The INSERTED status indicates a draft account application has been created. You can edit or cancel the application at this stage. The application needs to be confirmed to proceed with application processing towards account opening.
PREPARED	After confirmation, the application becomes uneditable and enters the PREPARED status. The Tuum system automatically sends the account application to the account service provider for account opening due diligence and account number assignment.
CANCELLED	The CANCELLED status indicates that either: the draft account application was cancelled or the confirmed application was cancelled before the subsequent processing steps were finished.
PENDING	The PENDING status indicates that the Tuum system received a response from the Account service provider notifying Tuum that its AML review process is ongoing.
ACCEPTED	The ACCEPTED status indicates that the Tuum system has received a message from the account service provider stating that the AML review process has been successfully completed. The message includes the assigned primary account number. The Tuum system will proceed to the account opening.
REJECTED	The REJECTED status indicates that the Tuum system has received a message from the account service provider stating that the AML review process has failed. It is the final status and terminates the account application's processing.
PROCESSED	The PROCESSED status indicates that the Tuum system has completed the account opening process. The application also includes the assigned account number by the account service provider.
ERROR	The ERROR status indicates that the account application processing has encountered a technical error during the account opening process. You can manually retry the failed part of the process for failover.