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Account Lifecycle and Status

Accounts move through a defined set of statuses that reflect their current state:
StatusDescription
ActiveThe account is fully connected, verified (if applicable), and ready for use. All supported products are available. This is the normal operating state for most accounts.
ProcessingThe account is being set up or verified. For liability accounts, this may be a brief transitional state during discovery. For funding accounts, this typically means verification is in progress (e.g., waiting for micro-deposit confirmation).
DisabledThe account has been deactivated within Method. The account may still be active at the financial institution, but Method will not perform new operations on it. This can happen if the account is flagged for an issue or explicitly disabled by your team.
ClosedMethod has detected that the account is closed at the financial institution. The debt may have been paid off, the card may have been canceled, or the loan may have been settled. No new operations are available, but historical data remains accessible.
Each account also carries a set of available products, a dynamic list of which Method capabilities (Updates, Payments, Transactions, Card Brand, Payoffs, Sensitive, Payment Instruments) are supported for that specific account. Product availability depends on the account type, its verification status, and your team’s configuration. Always check available products before attempting an operation to ensure a smooth user experience.