Why is my payment on pending status? (2024)

Table of Contents
Deposits Withdrawals FAQs

Why is my payment on pending status? (1)

Written by Diana Paul
Updated over a week ago

CEX.IO offers a range of fast and secure payment methods. The payment processing time depends on various factors and can sometimes take longer than expected. If you request a deposit or withdrawal and see a “pending” status in your transaction history, it means we’ve received your request and are processing it. Your operation will be confirmed soon according to the following rules.

Deposits

  • Crypto

- At CEX.IO, we require a minimum number of confirmations before crypto funds are credited to your account. This can take from 1 to 24 hours (barring unexpected or unavoidable network issues). Check the number of confirmations needed for each cryptocurrency to be credited to your CEX.IO balance.

  • Payment card

- If your card verification is still incomplete or you’ve just submitted your verification request, please allow our compliance team 15 to 20 minutes to process it.

- In some cases, your deposit may need to be cleared by our financial officer due to our AML/KYC policy. Please contact our Support team via chat if your card deposit is still pending after several hours.

  • Bank transfer

- Note that every time you create a deposit request via bank transfer, it’s recorded in your transaction history as a pending operation. Even if you don’t use the order to make a transfer, the record will still be shown in your pending transactions.

- Domestic bank transfers (SEPA, ACH, Faster Payments) can take up to one business day to be credited to your CEX.IO account.

- International bank transfers (SWIFT) require 2 to 5 business days to be credited to your CEX.IO account.

- This time is measured from the moment your bank initiates a transfer.

  • Wallet transfer

- Skrill, Epay deposits can take up to 24 hours to appear on your CEX.IO account. If your transfer is pending for longer than that, contact our Support team.

Withdrawals

  • Crypto

- Your crypto transactions must receive the necessary number of confirmations in the blockchain. Please allow up to one hour for the network to pick up your operation. It can take longer in case of unexpected network issues.

  • Payment card

- If your card withdrawal is still pending after a few hours, please contact our Support team.

Bank transfer

- Withdrawal requests are processed within 24 hours on business days. After payment is processed by our Finance team, it will take some time to reach your bank account (depending on your bank processing rules). You can find more details about possible delays in processing bank transfers in our Help Centre.

  • Wallet transfer

- Skrill and QIWI withdrawals should be completed within 24 hours. If they aren’t completed by then, contact our Support team.

Why is my payment on pending status? (2024)

FAQs

How long will a payment be pending for? ›

What is a pending transaction, and how long can it stay pending? A pending transaction is a recent card transaction that has not yet been fully processed by the merchant. If the merchant doesn't take the funds from your account, in most cases it will drop back into the account after 7 days.

Why would a payment still be pending? ›

Pending transactions are transactions that haven't been fully processed yet. For example, if you make a purchase with a debit card or credit card, it will almost always show as pending immediately when you view your account online or in a mobile banking app.

How do I fix pending payments? ›

How To Cancel a Pending Credit Card or Debit Card Transaction
  1. Step 1: Contact the Merchant. If you want to eliminate the transaction before it settles, contact the merchant who placed the charge. ...
  2. Step 2: Ask the Merchant To Release the Hold. Ask the merchant to contact your card issuer and reverse the transaction.
Oct 19, 2022

Does pending mean they took the money out? ›

Pending transactions only affect your available funds. While the transaction is pending, the transaction amount is deducted from your available funds. Your account balance is not affected by a pending transaction; it only changes once the payment is fully processed.

Can pending transactions be declined? ›

Your bank or credit card issuer still shows those charges as pending until they receive final confirmation that those orders were in fact declined, which usually happens in the evening.

Does pending mean taken? ›

A pending transaction of any kind is one that's getting ready to happen. The bank is aware that action has been taken, but the funds have not yet been either withdrawn from your account or added to your account in the case of deposit – at least not officially and finally.

Are pending transactions already deducted from account chase? ›

Pending transactions are not fully processed. They are deducted from your Spendable Balance, but not your current Account Balance.

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