What Is A MICR Printer?
MICR printers use special fonts and magnetic ink or toner to product magnetic characters that are read by electronic data processing systems, such as those used by banks for processing checks. MICR printers can also be used to print load coupons, depository transfers and other MICR-encoded negotiable documents.
Can any printer be a MICR printer?
So you must use a laser printer to print MICR encoded checks. ... This special magnetic "ink" is only available for laser printers. You must purchase special laser printer toner cartridges that contain magnetic particles. The standard toner cartridges that come with your laser printer will not work.
What do you need to print MICR?
Do you need MICR ink to print checks?
The Federal Reserve and all banks require that checks are printed with MICR ink or toner for ease of processing. ... This means that checks printed without MICR toner won't meet the magnetic technology and will again require manual processing or likely be unreadable, causing the processing delays/fees mentioned above.
What's the Difference Between MICR Ink and MICR Toner?
What is an MICR used for?
Magnetic ink character recognition (MICR) is a technology used primarily to identify and process checks. The MICR on a check is the string of characters that appears at the bottom left of the check. It consists of three groups of numbers, including the bank routing number, the account number, and the check number.
Magnetic Ink Character Recognition (MICR) Line Definition - Investopedia
What is MICR printer ink?
MICR toner cartridges are specialty toners used by the banking industry for check processing. MICR is an acronym that stands for magnetic ink character recognition. Each MICR cartridge is filled with a special toner powder designed specifically for check printing.
What is a MICR toner cartridge? - LD Products