United Kingdom, Japan, India, Mexico, Colombia, and Turkey. Fulfilling this need is the character set “E-13B,” aįont that can be read by MICR systems in the United States, Canada, Australia, MICR lines, whether being read by humans or machines, need Set the specifications, location, and paper for MICR documents. The exchange of checks, several American National Standards published by the Accredited StandardsĬommittee (ASC X9), an ANSI-accredited standards developing organization, The automated processing of checks for over half a century by identifying theīank the check is drawn on, the account at that bank, and other pertinentįortifying the backbone of financial services nationwide by streamlining
These characters comprise the Magnetic InkĬharacter Recognition (MICR) line, the harmonization of which has facilitated Billion checks are exchanged each year in the U.S.-magnetic ink characters convey
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