INTERMEDIATE TRANSFER MEDIUM

Provided is an intermediate transfer medium which excels in foil tearing on transferring a receiving layer to an transcription receiving article, wherein the receiving layer has received a colorant of the thermal transfer sheet, and which provides a printed article of high durability with ease. The intermediate transfer medium comprises a substrate, a protective layer and a receiving layer which are layered on a surface of the substrate; wherein the protective layer comprises two or more kinds of binder resins and a filler; wherein a mixed binder resin which consists of said two or more kinds of binder resins has a storage elastic modulus G' of not less than 1.0 x 10 5 Pa and not more than 1.0 x 10 9 Pa at 70 °C - 90 °C, and the storage elastic modulus G' of more than 1.0 x 10 9 Pa at 35 °C; wherein the mixed binder resin includes a binder resin having a number average molecular weight (Mn) of not less than 8,000 and not more than 30,000, and a glass transition temperature (Tg) of not less than 36 °C and not more than 60 °C; and wherein the filler has a particle diameter of not less than 1 nm and not more than 200 nm.