From your recurring buy dashboard (beaverbitcoin.com/save) you're able to view the current status of your bank transfer as it makes its way from your bank to Beaver Bitcoin. A description of each status is given below.
'In Progress | Date Pending'
When you first activate a recurring buy your Transfers feed will show your first bank transfer status as 'In Progress | Date Pending'. This means your bank transfer has entered our queue, but we have not initiated the transfer request with your bank yet.
'EFT in Progress | [DATE]'
We have sent an EFT request to your bank for the CAD value of your recurring buy. We will typically receive the funds within a day, but it can vary between banks.
'EFT on Hold until [DATE]'
We have received your bank transfer, and will hold it for 5 days as a fraud prevention measure and to ensure the funds are not returned as NSF (insufficient funds).
'Cleared for Purchase'
After the five day hold your funds are ready to be exchanged into bitcoin. You will receive your bitcoin on this day.
'Transfer Completed'
Your funds have been exchanged into bitcoin, and the bitcoin has been delivered to your wallet. You can now view your completed purchase in the 'Purchases' feed of your dashboard.