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Magnetic ink character recognition
5:52
YouTubeAudiopedia
Magnetic ink character recognition
Magnetic ink character recognition (MICR) is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents. The MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type indicator, bank code, bank ...
34.6K viewsAug 21, 2014
MICR Technology
How to Read Magnetic Ink Character Recognition (MICR) Effectively
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How to Read Magnetic Ink Character Recognition (MICR) Effectively
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Why Is MICR Printed in Magnetic Ink on Cheques?
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