what is mean by MICR Drfat / Checque
MICR stands for Magnetic Ink Character Recognition. It is used by banks to identify the details like customer account number, bank branch code, bank code etc. almost all banks worldwide use these MICR numbers in their checks and demand drafts. The MICR Reader can read all the information that is written in the corresponding format in a cheque.
MICR is an abbreviation for micro ink character recognition. MICR are the symbols on the bottom of checks that are used by electronic sorters in various banks during the check clearing process.
MICR stands for Magnetic Ink Character Recognition. It is a system using which magnetic readers can easily identify the bank that issued the cheque and other details reg. the cheque. All banks use MICR codes in their Cheques.
MICR stands for Magnetic Ink Character Recognition. It is used by banks to identify the details like customer account number, bank branch code, bank code etc. almost all banks worldwide use these MICR numbers in their checks and demand drafts. For more details visit us at: http://www.ifsccodeonline.com/MICR-CODES/
MICR was developed at IBM to expedite bank check processing.
The Futura font.
micr
This is a special font that has been developed for the conference. If you would like to use this font, you would have to get special permission.
This is not avalid MICR code.
MICR Reader converts MICR characters into a form the computer can process
what is mean by MICR Drfat / Checque
MICR devices can read:Numbers
Defination for NON-MICR CHEQUES
HP manufactures MICR laser printers. The MICR laser printer is used to create checks. MICR is the shortened version of Magnetic Ink Character Recognition.
Banks process checks by using MICR or Magnet Ink Character Recognition. This uses unique font styles, which are recognized and read into the system.
500229009 is the MICR code