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March 14, 2010, 08:23:09 PM
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Real Business Solutions Knowledge Base  |  General Category  |  Payroll Software FAQ  |  What is MICR? « previous next »
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Author Topic: What is MICR?  (Read 735 times)
PayrollUser
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« on: September 04, 2009, 02:47:27 AM »

MICR is the short abbreviation for Magnetic Ink Character Recognition.

MICR line is at the bottom of checks usually includes the bank routing number the account number and check number, which is used by banks to process checks as they are machine read and scanned.
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