Real Business Solutions Knowledge Base

General Category => Payroll Software FAQ => Topic started by: Real Business Solutions on September 04, 2009, 02:47:27 AM



Title: What is MICR?
Post by: Real Business Solutions 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.