FPS GOLD Teller Capture User's Guide > Image Replacement Document (IRD)

An Image Replacement Document (IRD) is a negotiable instrument that represents the digital reproduction of an original paper check. As a negotiable payment instrument in the United States, an IRD maintains the status of a "legal check" in lieu of the original paper check as authorized by the Check Clearing for the 21st Century Act (also known as the Check 21 Act). When your organization uses the FPS GOLD Teller Capture system, IRDs can be created through the X937 Research.

Your institution may need to create an IRD when a check item is deposited with your bank where you are the Bank of First Deposit (BOFD) and the item is rejected by the paying bank. At times your bank may be both the BOFD and the paying bank. When you create an IRD, it should be sent to your customer with a Charge Back Notice from GOLD ExceptionManager in CIM GOLD.