An integrated circuit 2 includes a transaction master 4 connected via interconnect circuitry 10 to a transaction slave 12. The transaction slave 12 generates a transfer-complete signal (R Last or B) to indicate completion of a data transfer (either a read or a write). When this transfer-complete signal has been received by the transaction master 4, then the transaction master 4 generates a complete-acknowledgement signal RACK, WACK, which is passed back to the transaction slave so as to acknowledge receipt of the transfer-complete signal.