NACHA-ACH-CCT
NACHA ACH code for B2B corporate transfer with EDI 820.
Definition
CCT a.k.a. CCD/CTX in NACHA File Format. Allows payment + remittance in a single transaction. CTX addenda may carry 1 or more EDI 820 STX segments (Structured Payment Detail). Adopted by 75% of US B2B payments by volume.
Origin
CCD/CTX codes specified in NACHA Operating Rules.
Example in context
Boeing pays Spirit Aerosystems via ACH CCT with EDI 820 listing 47 referenced invoices.
Related terms
- NACHA ACH — parent network.