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by Michael Cote.
Original Post: eChecks
Feed Title: Cote's Weblog: Coding, Austin, etc.
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Feed Description: Using Java to get to the ideal state.
Known as Check 21, the act authorizes the creation of a new instrument, an IRD (image replacement document). An IRD is a substitute check that has been imaged from the original paper version presented to the clearing bank. It has the same legal status for proof
of payment as an original check.
"Will Paper Checks Become Extinct?"
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