Issue with “Transcript is unavailable” in Zoom Notes

In Zoom Notes, I see the live transcript during meetings and the note indicates a transcript exists afterward. When I click Done, sometimes the transcript is available quickly, but other times I get “Transcript is unavailable” or it takes 1–2 days before it appears. This happens both in the Zoom desktop app and in the browser. 

The note content can be summarized, which suggests transcript data exists, but the download/transcript access appears blocked or misconfigured.