What is the MICR line on a check?

Answer The string of numbers along the bottom of a check is called the "MICR" line, or magnetic ink character recognition line. This line includes the bank routing number and account number of the check ... Read More »

Top Q&A For: What is the MICR line on a check

What Is an MICR Line?

Magnetic Ink Character Recognition, or MICR, lines are printed with a special ink so that a machine can read it and speed up processing times, according to Elfring Fonts. Printing a MICR, however, ... Read More »

What is micr?

Keeping track of the millions of bank accounts and money transactions among banks requires an organized and unified system among all financial institutions. Today, banks in countries all over the ... Read More »

What Is MICR Toner?

MICR stands for "Magnetic Ink Character Recognition." Banks use MICR toner for printing checks and other important documents to facilitate transaction processing and help with fraud reduction.

What is an MICR printer?

An MICR printer is an electronic device that uses special ink to transfer Magnetic Ink Character Recognition (MICR) characters onto paper. This ink is readable by specialized machines that can scan... Read More »