diff --git a/cuenca/resources/transfers.py b/cuenca/resources/transfers.py
index bde76ac3..2738fcf7 100644
--- a/cuenca/resources/transfers.py
+++ b/cuenca/resources/transfers.py
@@ -2,20 +2,23 @@
 from typing import ClassVar, Optional, cast
 
 from cuenca_validations.types import (
+    TransactionStatus,
     TransferNetwork,
     TransferQuery,
     TransferRequest,
+    UpdateTransferRequest,
 )
 from cuenca_validations.typing import DictStrAny
 from requests import HTTPError
 
 from ..exc import CuencaException
+from ..http import Session, session as global_session
 from .accounts import Account
-from .base import Creatable, Transaction
+from .base import Creatable, Transaction, Updateable
 from .resources import retrieve_uri
 
 
-class Transfer(Transaction, Creatable):
+class Transfer(Transaction, Creatable, Updateable):
     _resource: ClassVar = 'transfers'
     _query_params: ClassVar = TransferQuery
 
@@ -71,6 +74,17 @@ def create(
         )
         return cls._create(**req.model_dump())
 
+    @classmethod
+    def update(
+        cls,
+        transfer_id: str,
+        status: TransactionStatus,
+        *,
+        session: Session = global_session,
+    ) -> 'Transfer':
+        req = UpdateTransferRequest(status=status)
+        return cls._update(transfer_id, session=session, **req.model_dump())
+
     @classmethod
     def create_many(cls, requests: list[TransferRequest]) -> DictStrAny:
         transfers: DictStrAny = dict(submitted=[], errors=[])
diff --git a/cuenca/version.py b/cuenca/version.py
index 0f7e38a4..a1029370 100644
--- a/cuenca/version.py
+++ b/cuenca/version.py
@@ -1,3 +1,3 @@
-__version__ = '2.2.0'
+__version__ = '2.2.1'
 CLIENT_VERSION = __version__
 API_VERSION = '2020-03-19'
diff --git a/requirements.txt b/requirements.txt
index ff128c6f..3da97f14 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,3 +1,3 @@
 requests==2.32.3
-cuenca-validations==2.1.31
+cuenca-validations==2.1.34
 pydantic-extra-types==2.10.2
diff --git a/setup.py b/setup.py
index ab55a35a..cf4d610e 100644
--- a/setup.py
+++ b/setup.py
@@ -24,7 +24,7 @@
     python_requires='>=3.9',
     install_requires=[
         'requests>=2.32.0',
-        'cuenca-validations>=2.1.27',
+        'cuenca-validations>=2.1.34',
         'pydantic-extra-types>=2.10.0',
     ],
     classifiers=[
diff --git a/tests/resources/cassettes/test_transfers_update_failed.yaml b/tests/resources/cassettes/test_transfers_update_failed.yaml
new file mode 100644
index 00000000..6dc925ca
--- /dev/null
+++ b/tests/resources/cassettes/test_transfers_update_failed.yaml
@@ -0,0 +1,35 @@
+interactions:
+- request:
+    body: '{"status": "failed"}'
+    headers:
+      Accept:
+      - '*/*'
+      Accept-Encoding:
+      - gzip, deflate
+      Authorization:
+      - DUMMY
+      Connection:
+      - keep-alive
+      Content-Length:
+      - '20'
+      Content-Type:
+      - application/json
+      User-Agent:
+      - cuenca-python/2.2.1
+      X-Cuenca-Api-Version:
+      - '2020-03-19'
+    method: PATCH
+    uri: https://sandbox.cuenca.com/transfers/TR02
+  response:
+    body:
+      string: '{"id":"TR02","created_at":"2026-05-26T12:00:00.000000","updated_at":"2026-05-26T12:02:00.000000","account_number":"646180157046685645","recipient_name":"Rogelio
+        Lopez","amount":10000,"descriptor":"held transfer","idempotency_key":"idem-tr02","status":"failed","network":"internal","destination_uri":"/accounts/LA1CVCZVNLR4KM42kPcqhBLV","tracking_key":null,"user_id":"US4PCNV8rLB2wqBfORzIAXUl","reference_number":null}'
+    headers:
+      Connection:
+      - keep-alive
+      Content-Type:
+      - application/json
+    status:
+      code: 200
+      message: OK
+version: 1
diff --git a/tests/resources/cassettes/test_transfers_update_succeeded.yaml b/tests/resources/cassettes/test_transfers_update_succeeded.yaml
new file mode 100644
index 00000000..4b332928
--- /dev/null
+++ b/tests/resources/cassettes/test_transfers_update_succeeded.yaml
@@ -0,0 +1,35 @@
+interactions:
+- request:
+    body: '{"status": "succeeded"}'
+    headers:
+      Accept:
+      - '*/*'
+      Accept-Encoding:
+      - gzip, deflate
+      Authorization:
+      - DUMMY
+      Connection:
+      - keep-alive
+      Content-Length:
+      - '23'
+      Content-Type:
+      - application/json
+      User-Agent:
+      - cuenca-python/2.2.1
+      X-Cuenca-Api-Version:
+      - '2020-03-19'
+    method: PATCH
+    uri: https://sandbox.cuenca.com/transfers/TR01
+  response:
+    body:
+      string: '{"id":"TR01","created_at":"2026-05-26T12:00:00.000000","updated_at":"2026-05-26T12:01:00.000000","account_number":"646180157046685645","recipient_name":"Rogelio
+        Lopez","amount":10000,"descriptor":"held transfer","idempotency_key":"idem-tr01","status":"succeeded","network":"internal","destination_uri":"/accounts/LA1CVCZVNLR4KM42kPcqhBLV","tracking_key":"tk01","user_id":"US4PCNV8rLB2wqBfORzIAXUl","reference_number":null}'
+    headers:
+      Connection:
+      - keep-alive
+      Content-Type:
+      - application/json
+    status:
+      code: 200
+      message: OK
+version: 1
diff --git a/tests/resources/test_transfers.py b/tests/resources/test_transfers.py
index 327b645d..84fd9dbb 100644
--- a/tests/resources/test_transfers.py
+++ b/tests/resources/test_transfers.py
@@ -130,3 +130,33 @@ def test_invalid_params():
     with pytest.raises(ValidationError) as e:
         Transfer.one(invalid_param='invalid_param')
     assert 'Extra inputs are not permitted' in str(e)
+
+
+@pytest.mark.vcr
+def test_transfers_update_succeeded():
+    transfer = Transfer.update('TR01', status=TransactionStatus.succeeded)
+    assert transfer.id == 'TR01'
+    assert transfer.status == TransactionStatus.succeeded
+
+
+@pytest.mark.vcr
+def test_transfers_update_failed():
+    transfer = Transfer.update('TR02', status=TransactionStatus.failed)
+    assert transfer.id == 'TR02'
+    assert transfer.status == TransactionStatus.failed
+
+
+@pytest.mark.parametrize(
+    'invalid_status',
+    [
+        TransactionStatus.created,
+        TransactionStatus.submitted,
+        TransactionStatus.in_review,
+        'cancelled',
+        'approve',
+        'reject',
+    ],
+)
+def test_transfers_update_rejects_invalid_status(invalid_status):
+    with pytest.raises(ValidationError):
+        Transfer.update('TR03', status=invalid_status)