ACH Entry Participant Settlement 
Payment Savvy
FEBRUARY 23, 2023
ACH Operator The ACH Operator links the two accounts by processing transactions (e.g., clearing, delivery, settlement). It receives the ACH entry and submits it to the Receiver. Receiver The receiver is the individual or company that allows the Originator to initiate an ACH entry.
Payment Savvy
NOVEMBER 10, 2022
When it comes to an ACH transaction, there are two main participants. Every month, once the deadline for the payment comes, your insurer’s bank will create an ACH entry, requesting an agreed-upon amount of money to be taken from your account. The request is then sent to an ACH operator.
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