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Magnetic-ink Character Recognition

Magnetic-ink character recognition (MICR) is a process used by certain printers with which automatic readers scan numbers at the bottom of a check or deposit slip. This scan allows for the check or deposit slip to be automatically sorted. MICR can dramatically increase the efficiency of banks and other financial institutions.

What Small and Midsize Businesses Need to Know About Magnetic-ink Character Recognition

A small business should understand the general concept behind MICR. It is essential to avoid doing anything that could damage the readability of a check or deposit slip.

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