> 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/debit-transfer.md).

# Debit Transfer

A debit transfer or <mark style="color:red;">"pull" payment</mark> is a transaction initiated by the <mark style="color:red;">receiver of funds</mark>, where the bank receives a payment request by the payee, and then sends the funds per request.&#x20;

<mark style="color:purple;">USE CASES</mark>

* Utility bills
* Mortgages
* Check conversion

ACH [direct debit](https://en.wikipedia.org/wiki/Direct_debit) collections are initiated by the payee with pre-authorization from the payer; ACH direct debits include consumer payments such as utility bills, [insurance premiums](https://en.wikipedia.org/wiki/Insurance_premium), [mortgage loans](https://en.wikipedia.org/wiki/Mortgage_loans), and other types of bills.

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<mark style="color:purple;">RESOURCES</mark>

[Converted Check Copy (CCC)](https://www.frbservices.org/resources/financial-services/ach/reference-guide/ccc.html)\
[Electronic Check Processing](https://fiscal.treasury.gov/ecp/)\
[ACH debit: An in-depth guide](https://stripe.com/resources/more/ach-debit-an-in-depth-guide)