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What is MICR encoding and does Presto Checks provide this?

April 26, 2017checks encoding MICR presto

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What is MICR encoding and does Presto Checks provide this?

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MICR stands for Magnetic Ink Character Recognition. Presto Checks automatically encodes the bottom of each check with the required MICR encoding. The bank will scan the check when deposited. The special characters in the MICR are recognized by the bank for routing and depositing purposes.