28 SUBSTITUTE CHECK STOCK What is a Substitute Check? • It is a specially formatted paper copy of the electronic image of an original check used by banks and considered a legally valid form of payment. • It must have the front and back image and MICR information of original check. • The base stock paper and other specifications (perforations, check size) must be within the industry standards for regular checks. • Substitute checks are also known as Image Replacement Documents. (IRD Substitute Checks • 24# security paper • 8 ½” x 11”, 8 ½” x 14” • Multiple perforations • Acts as a replacement of an original check • Sustitute checks can be transmitted electronically – regular checks can’t SUBSTITUTE CHECK STOCK
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