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Frequently Asked Questions
What is MICR?
MICR stands for Magnetic Ink Character Recognition. When printing
with MICR one can create various documents that can be read and processed
using a variety of devices. The most common use of MICR is the printing
of account information on checks and other negotiable documents.
MICR is also used on various other documents including coupons, rebate
checks, parking and lottery tickets.
What do I need to print MICR?
In order to print your own MICR encoded documents, you will need a
laser printer, MICR toner cartridge, check writing software with
E13B font and a Clearwave Position and Dimension Gauge
Why do I need a MICR Cartridge?
Financial Institutions clear checks using a reader sorter that rely
upon the signal levels emitted from the MICR encoded characters on
your documents. A regular toner cartridge does not contain iron oxide
which therefore does not ensure that your document will read correctly.
What could happen if I do not use MICR toner or purchase MICR
toner from a reliable source?
If your financial institution is unable to process your checks automatically
do to issues such as poor MICR signal level or misaligned character
positioning, you may be subject to additional service fees. This charge
can range from $0.50 to $6.00 per item. In the worst case your bank
will not accept your checks until standards are met. |
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