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Finance
MICR Check
A check with Magnetic Ink Character Recognition, enabling automated and faster processing through banking systems.
MICR checks speed up check processing, reduce errors, and allow for efficient clearing of large volumes of checks.
MICR checks are like barcodes for money — letting machines read them quickly and accurately.
Real world: Most U.S. personal and business checks have MICR lines for faster clearing at banks.
💡 MICR technology makes check processing automated, accurate, and faster.