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OBR (Online Banking Report) and MICR (Magnetic Ink Character Recognition) serve distinct purposes in financial transactions. OBR is used to summarize and analyze online banking activities, providing insights into customer behavior and transaction trends. In contrast, MICR is a technology used primarily in the banking industry for the automated processing of checks, where magnetic ink is used to print specific characters that can be read by machines, ensuring accurate and efficient handling of financial documents.
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When was OBR Open Building Research created?
OBR Open Building Research was created in 2000.
What does micr mean in computer terms?
micr
Is micr nunber 000026000 is valid?
This is not avalid MICR code.
Converts MICR characters into a form the computer can process?
MICR Reader converts MICR characters into a form the computer can process
What is the full form of Obr?
Optical Bar Reader
What is MICR number in demand draft?
what is mean by MICR Drfat / Checque
What is micr?
MICR devices can read:Numbers
What is the meaning of Non Micr cheques?
Defination for NON-MICR CHEQUES
Which companies make MICR Laser Check?
HP manufactures MICR laser printers. The MICR laser printer is used to create checks. MICR is the shortened version of Magnetic Ink Character Recognition.
Micr code of ICICI Bank Karkhana Branch?
500229009 is the MICR code
What is the full meaning of MICR and OMR?
MICR(magnetic ink character recognition)
Where is micr found?
Micr is found on the bottom of checks. It is used by banks to scan and process checks. Micr stands for magnetic ink character recognition.
