All possible statuses for a Payout item are the following:

result[].status.coderesult[].status.reasonPayment methodDescriptionAllows retry attempts
PENDINGALLItem was received and will be processed soon.-
SUCCESSALLItem was received and processed successfully.-
FAILEDPROCESSING_ERRORALLAn unexpected error has occurred.YES
FAILEDINVALID_DESTINATIONALLPix key / account provided is an invalid destination.NO
FAILEDINSUFFICIENT_FUNDSALLTransfer cannot be processed due to insufficient funds.NO
FAILEDPAYEE_IRREGULAR_REGISTERALLPayee is not compliant with our internal policies.NO
FAILEDPAYOUT_DENIEDALLItem was received and could not be processed.NO
FAILEDPAYEE_NAME_DOES_NOT_MATCHALLThe payee's name does not meet our internal policies' minimum similarity threshold. Please use the exact name specified in the document and avoid special characters for conformity.NO
FAILEDPAYEE_LEGAL_CONSTRAINTSALLPayee is not compliant with international standards.NO
FAILEDPAYEE_DECEASEDALLThe payee document indicates the demise of the individual.NO
FAILEDPAYEE_UNDERAGEDALLMinor (individual under 18 y.o.) is prohibited from engaging in transactions within this business sector.NO
FAILEDPAYEE_EXCEEDED_FINANCIAL_LIMITALLPayee's financial limit has been exceeded.NO
FAILEDREJECTED_BY_RECEIVERPIX / BANK TRANSFERTransfer rejected by receiver bank.NO
FAILEDPROCESSING_TIMEOUTPIX / BANK TRANSFERTransfer aborted due to a processing timeout in the Brazilian SPI (Instant Payments System).YES
FAILEDDESTINATION_NOT_MATCH_DOCUMENTPIX / BANK TRANSFERPayee's document does not match with account owner.NO
FAILEDDESTINATION_ACCOUNT_BLOCKEDPAGBANKDestination account is blocked.NO
FAILEDPAYEE_NAME_DOES_NOT_MATCHALLThe payee's name does not meet our internal policies' minimum similarity threshold. Please use the exact name specified in the document and avoid special characters for conformity.NO
FAILEDPAYEE_NATIONAL_ID_CANCELLEDALLDue to some administrative measures, the document may be cancelled.NO
FAILEDPAYEE_NATIONAL_ID_INACTIVEALLThe payee document is inactive.NO
FAILEDPAYEE_UNDERAGEDALLMinor (individual under 18 y.o.) is prohibited from engaging in transactions within this business sector. Error valid only for the betting sector.NO
FAILEDSALARY_ACCOUNT_TYPE_UNSUPPORTEDALLPayee destination cannot be a type salary account.N

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Bank Transfer Retry Policy in Colombia

For the bank transfer method in Colombia, retries are not possible at any status. If a retry is required, the payout must be reinitiated as a new request.