# Account Types (AccountType)

#### Account Types (AccountType)
Identifies the type of bank account used for an ACH transaction.
| Id | Name | Explanation |
|  --- | --- | --- |
| 1 | Checking | A standard checking account used for everyday transactions. |
| 2 | Savings | A savings account, typically used to hold funds rather than for frequent transactions. |

Version: V2 Beta
Security: Bearer

## Description:

  - `Account Types (AccountType)` ()
    Identifies the type of bank account used for an ACH transaction. IdNameExplanation1CheckingA standard checking account used for everyday transactions.2SavingsA savings account, typically used to hold funds rather than for frequent transactions.