Do Checks Still Require MICR Ink?
Only the MICR line of a check must be printed in magnetic ink. The rest of the information on the check, such as the date, the payee name, and the amount, can be printed in regular, non-magnetic ink.
Do you still need magnetic ink to print checks?
However, the magnetic ink has always been legally required on the check as a payment instrument and that requirement still exists today. According to the Federal Reserve and the Accredited Standards Committee X9 (for financial industry standards), in order for a check to be treated as a cash item, it must contain MICR.
Why MICR Code is Required | Source Technologies
MICR ink is still required for printing machine-readable code lines along the bottom of checks. MICR, short for Magnetic Ink Character Recognition, is a core characteristic of the check and allows the data in the code line on the bottom to be captured magnetically and/or optically.
Standards Advisory: Magnetic Ink Still Required on Checks
Is MICR ink still required 2021?
Yes! MICR is Still Required in 2021.
Do I Need a MICR Printer? Yes! MICR is Still Required in 2021
What ink do I need for checks?
The Federal Reserve and all banks require that checks be printed with MICR ink or toner for ease of check processing.
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