A MICR device reading the magnetic ink on a cheque. (the ink contains iron particles). This special ink is used to write customer account numbers on the bottom of cheques. The MICR device reads the account numbers then converts it to a form the computer can understand.
Explanation:
A MICR device reading the magnetic ink on a cheque. (the ink contains iron particles). This special ink is used to write customer account numbers on the bottom of cheques. The MICR device reads the account numbers then converts it to a form the computer can understand.
