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

  • Cardholder

    A cardholder refers to the person to whom a credit or debit card is issued.

    Learn More
  • Demand Deposit Account

    Traditional savings and checking accounts are generally demand deposit accounts.

    Learn More