A Chain Home Office (CHO) is an organization that acts as an intermediary between the payer and the ultimate recipient of the funds. In the context of insurance premium payments, the CHO may be an insurance company or a third-party administrator that processes the premium payments on behalf of the insurance company. A provider or supplier, on the other hand, is an entity that provides goods or services and is typically paid directly by the payer or through the EFT process. In Part II of the EFT form, you will provide the necessary information for the account holder (the organization or individual receiving the funds) to be identified and paid accordingly.