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People often ask what is CTLP on bank statement when they see unexpected abbreviations. CTLP stands for a processor used by vending machines and kiosks, so a CTLP charge on credit card usually indicates a small self-service purchase. These charges appear on statements under a single code instead of the machine name. Keeping track of CTLP entries helps maintain financial clarity. If you spot CTLP charges you do not recognise, contacting your bank ensures your card stays protected.
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