What Is the MICR Line on a Check? | Sapling
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What Is the MICR Line on a Check? | Sapling
The MICR check line includes a line of numbers at the bottom of every check. This information is printed on special paper and can only be read by certain machines. The MICR line increases fraud protection and efficiency.
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IFSC CODE -The Indian Financial System Code is an alphanumeric code that facilitates electronic funds transfer in India. MICR CODE -MICR code is a code printed on cheques using MICR (Magnetic Ink Character Recognition technology). This enables identification of the cheques and which in turns means faster processing. Learn Import Export Business Join Our Offline and Online, Classes Contact Us or Whats app -9319001248 Website: www.exportexpertsglobal.com #careerguruexportexpertsglobal #careerguru
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IFSC CODE -The Indian Financial System Code is an alphanumeric code that facilitates electronic funds transfer in India. MICR CODE -MICR code is a code printed on cheques using MICR (Magnetic Ink Character Recognition technology). This enables identification of the cheques and which in turns means faster processing. Learn Import Export Business Join Our Offline and Online, Classes Contact Us or Whats app -9319001248 Website: www.exportexpertsglobal.com #careerguruexportexpertsglobal #careerguru
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