> For the complete documentation index, see [llms.txt](https://docs.xft.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.xft.finance/learn/flows/payments/credit-transfer.md).

# Credit Transfer

A credit transfer or <mark style="color:red;">"push" payment</mark> is a transaction initiated by the sender of funds.&#x20;

<mark style="color:purple;">USER FLOW</mark>

1. Alice sends a request to Bank A “Pay Bank B $5 for the benefit of Bob”
2. Bank A verifies Alice’s identity and adequacy of Alice’s funds
3. Bank A notifies Bank B of the payment
4. Bank B verifies Bob has an account
5. Bank B sends confirmation to Bank A
6. Both banks send confirmation to their respective customers.

<figure><img src="https://960155864-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVw4YaRvQtCLcdva1K37V%2Fuploads%2FJ51xMbXGlHVehjioHCqM%2Fimage.png?alt=media&amp;token=3d46ab99-fab8-46c8-a263-7645ec215612" alt=""><figcaption></figcaption></figure>

<figure><img src="https://960155864-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVw4YaRvQtCLcdva1K37V%2Fuploads%2FISg5MDjJayIADJqKwzN1%2Fimage.png?alt=media&amp;token=69a09dad-645d-4f80-b515-57808ec1f41e" alt=""><figcaption></figcaption></figure>

ACH [credit transfers](https://en.wikipedia.org/wiki/Wire_transfer) are initiated by the payer and include payments such as: direct deposits, payrolls, retail payments and vendor payments.