This technology predates image recognition methods that are now available, and it is still a legal standard for check printing. Processing machines respond to the magnetic ink and allow the machine to quickly read the numbers on the check. The Federal Reserve in the United States and other financial institutions require that all business checks are printed with MICR for ease of processing. The account and routing numbers, along with other numbers, at the bottom of the check are printed using this special ink that allows machines to quickly process checks. Magnetic Ink Character Recognition, known as MICR, is a type of toner that is used when printing business checks.
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