MICR string is beneficial and used a lot in our life but many people confuse about it. Get a comprehensive guide on meaning, benefits, & operation in this post. Read: https://barcodelive.org/micr-string

1. MICR String
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2. Table
of
Content
What Is MICR String?
How Does MICR Work?
What Are Advantages Of MICR String?
MICR Check Scanner
Practices Of MICR String

3. 01
What Is
MICR String?

4. Stand for "Magnetic ink
character recognition," a
check identification and
processing method
MICR on a check is the string
of characters found in the
bottom left corner
MICR
DEFINITION

5. COMPONENTS
The bank routing
number
First 9-character
The customer's
account number
Following 12-
character
The check
number
Last 4-character

7. 02
How Does MICR
Work?

8. When a computer scans a check
using magnetic ink, it can read
the numbers even if the
characters have been obscured
by signatures, bank stamps, or
other markings

9. 03
What Are
Advantages Of
MICR String?

10. Magnetic ink character
identification line makes several
types of financial fraud difficult
=> The most significant advantage
of MICR
Fraud Detection Accuracy
Low error rates
Security

11. 04
MICR
Check Scanner

12. A scanner is used to process the
magnetically printed information on
checks (routing number, account
number, & check number)
A check may be read numerous times
at extremely fast rates throughout the
clearing process

13. 05
Practices Of
MICR String

14. MICR
Applications
Image resolution
MICR line location & orientation
Multiple MICR lines
ABA & non-US checks
Routing number

15. MICR
Applications
Text formats
Poor quality image
Recognition speed
Utilizing ClearImage repair and
tools before reading MICR

16. THANK YOU
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