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A substitute check (also called an Image Replacement Document or IRD) [1] is a negotiable instrument that is a digital reproduction of an original paper check.As a negotiable payment instrument in the United States, a substitute check maintains the status of a "legal check" in lieu of the original paper check.
The Check 21 Act took effect one year later on October 28, 2004. The law allows the recipient of a paper check to create a digital version of the original, a process known as check truncation, into an electronic format called a "substitute check", thereby eliminating the need for further handling of the physical document. The recipient bank no ...
Prices: Mini-pack checks can be as low as $4.95 for single checks, though, packs of single checks range on the low-end start from $6.99 to $13.98, while duplicates cost between $8.49 and $16.98 ...
The letters, received by several residents in January, contain what looks like a $199 check that purports to be a “Registration Fee Voucher” from “County Deed Records.”
Warrants could be redeemed by the army paymasters, but most often they were used like cash by the recipient. Warrants, like bills of exchange and vouchers, were often heavily discounted and depreciated in value. The fortunes of war could be traced through the discount rates on warrants, vouchers, and Continental dollars.
Quantity: A single box order of checks usually comes with 100 to 150 checks, though some retailers, like Sam’s Club, provide a lot more checks in a box. There may be a discounted price for ...
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