Substitute check
A substitute check or cheque, also called an image cash letter (ICL), clearing replacement document (CRD), or image replacement document (IRD), is a negotiable instrument used in electronic banking systems to represent a physical paper cheque (check). It may be wholly digital from payment initiation to clearing and settlement or it may be a digital reproduction (truncation) of an original paper check.
Standards and formats
Software providers have developed "Virtual Check 21" standards within electronic banking systems which allows creation and submission of demand draft documents to the bank of deposit.
Standards may include:
Geographical significance
United States
The beginnings of substitute checks in the United States were formalized by the Check 21 Act in 2003.
See also
References
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Substitute_check
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CNN 25 Mar 2025
Editor’s Note ... Sign up here ... The pill will be sold under the brand name Blujepa and should be available later this year ... Check this out 🦖 Dangerous digits ... Chickpea flour can be used as a cheaper substitute for eggs.📧 Check out all of CNN’s newsletters ... .
March 13, 2025
The Birmingham Times 24 Mar 2025
If a time extension is effected, bidder may substitute any cashier’s check for a satisfactory bid bond ... If a time extension is effected, bidder may substitute any cashier’s check for a satisfactory bid bond.
March 20, 2025
The Birmingham Times 24 Mar 2025
If a time extension is effected, bidder may substitute any cashier’s check for a satisfactory bid bond ... If a time extension is effected, bidder may substitute any cashier’s check for a satisfactory bid bond.
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Milwaukee Journal Sentinel 23 Mar 2025
The substitutions were made with 9.21 to play and Park leading, 45-42. By the time Brown checked back in with 5.14 to play, Tosa West held a 50-48 advantage before Jaxson Moss tied the game for the Panthers at 50 with 3.35 left ... We should be happy ...
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A diet high in calcium, along with regular dental check-ups can avoid complications of the mouth ... In fact, pregnant women should see their dentist for regular check-ups and cleaning.
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He added he was happy to explain what the survey was and had information sheets ready to give out ... The process is very similar to a smog check inspection, but this process cannot be used as a substitute for the vehicle’s official smog check report ... .
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Denver Post 13 Mar 2025
But if a player is at the table to check in — even hypothetically — the referees are obligated to allow time for the substitution to occur before handing the ball to an inbounder.
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New York Post 12 Mar 2025Goalkeeper Rönnow the hero for Union Berlin as it claims unlikely 2-1 win at Eintracht Frankfurt
The Associated Press 09 Mar 2025
The visitors had substitutes to thank for coming from a goal down to end their three-game losing run.
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