Abstract: A thermal transfer recording medium for forming a printed image with metallic luster of high level with superior transferability according to a thermal transfer mechanism is disclosed which comprises a foundation, and provided on one side of the foundation, a laminate transfer layer comprising at least a release layer, a heat-resistant layer for metal deposition, a metal deposition layer and an adhesive layer in this order from the foundation side, the release layer having a thickness of 0.05 to 0.50 &mgr;m and a softening point not lower than 100° C., the release layer being a substantially transparent layer consisting essentially of a resin, and the peel strength of the laminate transfer layer from the foundation according to T-mode peeling being not larger than 50 gf/12.7 mm.