MICR is an acronym that stands for Magnetic
Ink Character Recognition.
It is a special set of symbols and
numerals
designed to be printed with
specific levels of magnetic content.
The MICR font includes 0 through 9 digits
and four symbols.
The MICR style found on checks in the USA
and many other countries
is known as the E13-B character set. These
numbers and symbols are shown below:
In order for checks, bank drafts or
deposit
slips to be readable by the magnetic scanners at banks,
retail stores or check processing clearinghouses,
these symbols and numbers
MUST be of a specific size, printed with
razor-sharp edges and appear in very specific
locations on paper.
If you are using ChecksNet™ Software and one of our CheckToner™ MICR cartridges,
all these things will be automatic
and guaranteed.
Since the 1950's, using the MICR font
and
magnetic printing
are the only GUARANTEED method of having
checks properly read at banks, retailers
and
by the clearinghouses that process
these
documents.
Failure to have correct MICR font or printing
without magnetic toner
often results in the item being suspected
as fraudulent,
being routed to the wrong bank, causing
return
check fees or
incurring hand-processing fees of up to $10
each.
All our CheckToner™ MICR is tested
on premises,
using our ChecksNet™ MICR font ,
check paper that meets banking standards
and same kind of MICR reader used at most
banks.
All our MICR toner cartridges meet American
Bankers Association (ABA), American National Standards Institute (ANSI),
Banco Central do Brasil, Canadian Bankers Association, Canadian Payments Association (CPA), Danish
Bankers Association, Egyptian Bankers Association, Fédération Française Bancaire, Malayan Bankers Association, Bankers Association of the Philippines, Association of Banks in Singapore and UAE Banks Federation standards.
.
This GUARANTEES our MICR
cartridge
will meet specifications at YOUR bank or credit union.
We supply MICR cartridges for more printers
than anyone else on Earth.™
