Corporate Trade Exchange (CTX)

Corporate Trade Exchange (CTX)

A corporate trade exchange (CTX) is a system used by corporations and agencies of the government for monetary transfer. They are primarily used to pay trading partners using the automated clearing house (ACH) system.

Related Terms

  • ACH Debit

    An ACH debit occurs when the receiver’s account is debited.

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  • MTE (Machine Transfer Entry)

    An entry initiated at an electronic terminal, such as an automated teller machine (ATM). This entry can either be a debit or a credit.

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