I'm trying to figure out what the CTX code is. I've heard about it in some discussions, but I'm not sure what it stands for or what its purpose is. Can someone explain it to me?
5 answers
charlotte_anderson_explorer
Sat Oct 26 2024
It enables the movement of money between a buyer's bank account and a seller's bank account.
SakuraTide
Sat Oct 26 2024
SEC code CTX represents Corporate Trade Exchange.
JejuSunrise
Sat Oct 26 2024
This specific code is utilized within the framework of Automated Clearing House (ACH) transactions.
SamuraiCourageous
Sat Oct 26 2024
ACH transactions involve electronic payments or collections processed through the ACH network.
CryptoNinja
Sat Oct 26 2024
The CTX code serves as a means to facilitate fund transfers.