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What is MICR?

Started by Real Business Solutions, September 04, 2009, 02:47:27 AM

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Real Business Solutions

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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