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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  • CFPB (Consumer Financial Protection Bureau)

    The Consumer Financial Protection Bureau (CFPB) is a government agency that is responsible for protecting consumers from questionable financial practices.

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