Magnetic Ink Character Recognition Line definition

Magnetic Ink Character Recognition Line or “MICR Line” means the numbers, which may include the routing number, account number, check number, check amount and other information, that are printed near the bottom of a check in magnetic ink in accordance with the Standards.
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Magnetic Ink Character Recognition Line. ’ means the
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Magnetic Ink Character Recognition Line and “MICR Line” means the numbers, which may include the Routing Number, account number, Check number, Check amount, and other information, that are printed near the bottom of a Check in magnetic ink in accordance with American National Standard Specifications for Placement and Location of MICR Printing for an Original Check and American National Standard Specifications for an Image Replacement Document for a Substitute Check (unless the Federal Reserve Board, by rule or order, determines that different standards apply).
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More Definitions of Magnetic Ink Character Recognition Line

Magnetic Ink Character Recognition Line. ’ means the numbers, hich may include the bank routing number, account number, check number, check amount, and other information, that are printed near the bottom of a check in magnetic ink in accordance ith generally ap- plicable industry standards.
Sample 1

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