MICR (which can additionally be read as my-ker) means Magnetic Ink Character Realization. The ANSI or American National Standards Institute has made a definition of MICR-this may be the accepted machine language specification that is used in payment transactions (or bank checks) on card stock.
Characters are printed is not use of a special MICR toner. Great for the of toner is associated with a special chemical compound called iron oxide. Once printed, the characters are read by special dsl internet cable magnetic merchandise. MICR printing uses a standard pattern or syntax which allows the bank the necessary details such as the account number, check number, routing number, and also the amount from the check regarding cashed.
Banks have come up with such security features to counter the ever-growing number of crooks who are trying to steal money from these. Besides, more develop now found other uses of their bank checks especially people are generally constantly on the go. MICR has made it possible to standardize electronic processing, reading and handling of bank checks.
MICR characters (which are printed with CMC-7 or E-13B font) need specific equipment and toners strategy to to become readable. MICR only becomes possible as the magnetic toner areas used. Also, these characters have comply with a certain pattern in order to be analyzed the particular reading sewing machine. Aside from the reading machine, a check sorter can be utilized. There is no method that an ordinary bank crook would be able to decipher the MICR characters without employing these devices.
To skill to print the MICR characters, an outstanding printer has also been since then this specific function. An MICR laser printer is completed just in this purpose. Although usual desktop printer will even be employed (as long as an MICR toner has been used), still, MICR laser printer works better.
This involving printer in order to offer work hand-in-hand with a magnetically charged ink or toner to be able to function; bride-to-be this is equipment escalating used in delicate bank transactions, features the familiar to give out consistent quality of printing and appropriate character placement throughout all surface for this printing area. Only then would the characters become readable to the electronic fingerprint-reading machine.
Since improvement such innovations, bank security has been taken to higher point. Business processes turn out to be highly efficient and users can now print their checks and pass security checks with only one reading. Such is miracle of technological advancement when applied to banking treatments.