Depending on the set up your administrators have chosen, any of the below statuses could be seen:

	The first status the bank sees
	The bank has received the transaction but is not committed to issue it
	Depending on set up, internal approvals may be required before the transaction can be issued (statuses not seen by the corporate)
	Depending on set up, this status indicates that the issued copy is attached and needs review (status not seen by the corporate)
	Issued back to the corporate, usually with copy of the LC attached
	Rejected by the bank back to the corporate at any stage of processing
	Rejected back to the bank processor for correction due to errors (status not seen by the corporate)
	Transaction has been cancelled by the bank or corporate

The minimum you will see is Sent to Bank, Acknowledged by Bank, Issued, Cancelled.