MICR

Definition : Magnetic Ink Character Recognition
Category : Business » Banking
Country/Region : Worldwide Worldwide
Popularity :

What does MICR mean?

Magnetic Ink Character Recognition (MICR) is a character recognition technology used primarily by the banking industry to facilitate the processing of cheques and makes up the routing number and account number at the bottom of a check.

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United States MICR Minorities in Cancer Research
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