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  2. Apr 8, 2024 · An MICR number is a long string of numbers along the bottom of a check, printed in magnetic ink. It contains a routing number, account number, and other codes that help banks and financial institutions quickly process checks and other documents and transfers.

  3. A Magnetic Ink Character Recognition (MICR) number — also called a MICR code — is a unique set of digits that appears at the bottom of checks. The MICR line is typically located at the bottom left corner of a check, and it is printed in a particular font that is easily recognizable by machines used by banks and other financial institutions.

  4. Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.

  5. Mar 9, 2024 · The magnetic ink character recognition (MICR) line is the strip of characters on a check that identifies the account, routing, and check number.

  6. Jan 2, 2023 · In this article, we will explore the role of the MICR code on a cheque and define what it is. What is MICR Code? “Magnetic Ink Character Recognition” (MICR) is a technology that uses a 9-digit code printed at the bottom of a cheque to quickly and accurately identify and process it.

  7. Jun 3, 2019 · Pronounced “mick-er,” MICR is an acronym for “magnetic ink character recognition,” which refers to machine-readable text. The line is the row of numbers and symbols imprinted along the bottom of each check. Within the line are the bank routing and transit numbers and the customer account and check numbers. Save the flourish, John Hancock.

  8. Jul 18, 2023 · MICR, which stands for Magnetic Ink Character Recognition, is a cutting-edge technology used to encode information using magnetic material. It involves printing characters with a unique font that contains iron oxide particles capable of being magnetized.

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