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MICR (Magnetic Ink Character Recognition)

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13y ago

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Is 'reading data on bank cheques' manual input device or direct data entry device?

It's 'manual' input. Because someone has to physically 'feed' the cheques though the reader.


Abbreviation for the device that can read characters from cheques?

MICR


Which device is used to read details from the bank cheques and demand draft?

MICR( Magnetic Ink Character Recognition)


What can be used to read data from cheques in banks?

Banks use special MICR (Magnetic Ink Character Reader) device to read data from cheques. These machines are designed to place a set of cheques on its tray. Each cheque pass through the machine one by one automatically. At this point, an image of the cheque scanned into a computer (similar to a scanner and the image is typically black & white) while characters written in special magnetic ink will be read parallel to the scanning and stored in another file as a textual record. The machine itself generate a number to identify the image and its relevant record. Following video will be very helpful to understand cheque reading in banks.


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