: The person or business whose account is being credited or debited. 3. Types of ACH Transactions Transactions are generally categorized into two types:

: Money is "pushed" from the payer's account to the receiver (e.g., direct deposit paychecks or tax refunds).

: The bank that receives the request from the Originator and transmits it to the ACH Operator.

: The bank that receives the transaction and posts it to the recipient's account.