ARTICLE

Magnetic Ink Character Recognition

By Duncan Connor Digital Media Engagement at SwayMaker
Comments (0)   Share:        
 
 

 
Transit: The Transit Routing Number identifies the federal reserve location and the ABA registered financial institution on which the check will be drawn.
 
Amount: During processing the check amount is printed on to the check using magnetic ink.
 
On-Us: This is the banking term for the account number on which the check will be drawn.
 
Dash: The dash symbol is used to separate data elements within the MICR line.
 
 
Your Substitute Check 
The ABA has published a Check 21 Toolbox. Comerica republished this guide to elements of a substitute check.
 
Report Abuse Close
Reporting Abuse ...
One moment please.
Success!
Thank you for your input.

Reporting comments that may violate our guidelines helps us to improve our environment

Your report will be reviewed and if the post violates our Terms we will take the appropriate actions.

Add a Comment Close
/* user not logged in, no lightbox js needed */
Send feedback