Standing orders can have the following possible statuses:
|The Standing Order initiation request has been created, but not actioned yet.|
|Authorised||The user has authenticated in their bank app or website.|
|Submitted||The user returned to TrueLayer and we have submitted the initiation to the bank|
|Failed||The Standing Order initiation failed. This is a terminal state.|
|Executed||The Standing Order was successfully setup. This is a terminal state.|
It's important to note that this list refers to the creation of the Standing Order on the account (not the specific payments related to that Standing Order).