Reader/Sorter

Machine that separates checks received from bank tellers or from other banks, sorting them into different categories. Checks that are payable by other banks (on-others checks) are pulled out first, and are bundled together in a Cash Letter for presentment to other banks. The on-others checks are processed first, in order to meet a local clearinghouse deadline. The on-us checks are sorted out later. A reader/sorter is a key piece of equipment in preparing Cash Letters sent to other banks. It sorts, encodes checks, and distributes checks. See also Magnetic Ink Character Recognition; Proof and Transit; Transit Item.

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