Initiator devices for generating transaction requests and recipient devices for receiving them are disclosed. The recipient devices accept transaction requests where there is available buffer storage for the transaction request. If there is no storage space available an acknowledgement signal generator generates and outputs a reject acknowledgement signal indicating a request has been received but has not been accepted by the recipient device. A credit generator can reserve at least one available storage location in the buffer and generate a credit grant for an initiator device that sent one of the transaction requests that was not accepted by the recipient device. The credit grant indicates to the initiator device that there is at least one reserved storage location, such that a subsequent transaction request from the initiator device will be accepted by the recipient device. Thus, the initiator device may not transmit the transaction request again until it has received the credit grant, whereupon it may transmit it along with a credit grant indicator such that it is sure that it will be accepted.