The code is also printed using a specific font. A micr number is a code on checks that enables fast, secure processing It helps in the automated processing of cheques and identifies the bank branch that issued the cheque.
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What is micr code in cheque
Micr (magnetic ink character recognition) is a technology that is used to identify magnetic ink characters printed on cheques
A micr number is a unique code printed on checks to identify your bank and account Learn what it means, how it works, and where to find it on your check. The micr line at the bottom of a check contains the bank routing number, account number, and check number A magnetic ink character reader (micr) reads these numbers and processes the check by debiting the appropriate account.
