Seven Common Mistakes Everyone Makes In Micr

MICR  :  The abbreviation for MICR is Magnetic Ink Character Recognition, it is a character recognition technology used primarily by the banking industry to facilitate check processing. MICR characters are printed on special fonts with magnetic ink or toner, which usually contains iron oxide.

 A special machine is used to read these characters, which can be easily read by humans as well. Characters are usually printed on the bottom strip of the check sheet. http://www.thebankinfo.com/blog/post/seven-common-mistakes-everyone-makes-in-micr

Comments

Popular Posts