Anagrammen & Informatie over | Engels woord MICR

Voorbeelden van het gebruik van MICR in een zin

• Barcodes and magnetic ink character recognition (MICR) are two ways of recording machine-readable data on paper.
• Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.
• Payments experts contend that ERMA "established the foundation for computerized banking, magnetic ink character recognition (MICR), and credit-card processing".
• The essential data, shared by both forms, is the Federal Reserve Routing Symbol (XXXX), and the ABA Institution Identifier (YYYY), and these are usually the same in both the fraction form and the MICR, with only the order and format switched (and left-padded with 0s to ensure that they are 4 digits long).
• The VIPP programmer might even insert an OCR or MICR line for remittance processing, complete with a check digit.
• The use of the Bank State Branch (BSB) identifier was introduced in the early 1970s with the introduction of MICR on cheques to mechanise the process of data capture by the banks as well as for mechanical sorting and bundling of physical cheques for forwarding to the payer bank branch for final cheque clearance.
• Financial institutions are required to include BSB and bank account numbers on cheques, at the bottom of the cheque in MICR form, which identify the specific bank account number to be debited.

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