Statuses include Waiting for review, Bank disconnected, Approved, Payment processing, Payment sent, Payment unsuccessful, Rejected, and Canceled — each indicating a stage of review or bank transfer.
Waiting for review — Thatch has received the reimbursement request and it's being reviewed by the team.
Bank disconnected — The linked bank account needs to be re-authenticated before the reimbursement can move forward. To fix it: log in at app.thatch.com/members/settings, select the name menu in the upper left and choose Settings, then select Reconnect bank account.
Approved — The reimbursement has been approved and the bank transfer is queued to start.
Payment processing — The transfer has been initiated. Funds typically land in about 3 business days.
Payment sent — The transfer completed successfully and the money has reached the bank account.
Payment unsuccessful — The payment failed or was returned after it had already gone through.
Rejected — The reimbursement request itself wasn't approved.
Canceled — The bank canceled the reimbursement.