How Does the MICR Line Work?
The MICR font, which is created using magnetic ink made from iron oxide, is used to read documents.
- E-13B: It consists of 14 letters, ten decimal digits, and a few unique symbols.
- CMC-7: It has a barcode format and consists of a synchronized set of 15 characters, including five control characters—amount, routing, terminator, internal, and a new character—as well as ten numeric values.
On documents that call for authentication evidence, any one of these fonts may be printed using magnetic ink or toner. Iron oxide is specifically used to prepare the magnetic ink or toner so that readers can quickly collect it.
MICR Full Form
Magnetic Ink Character Recognition (MICR) is mainly used to recognize and handle cheques. The series of characters at the left-hand bottom corner of a check is its MICR. It is made up of three sets of numbers: the check number, the customer’s account number, and the bank routing number.