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I read an web page and it said it is found on the bottom cheques

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11y ago
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6mo ago

MICR devices are most commonly found in banks or financial institutions where they are used for the encoding and validation of checks and other financial documents.

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Q: Where are MICR devices most likely to be found?
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Where are you most likely to come across a micr?

We are most likely to come across MICR(Magnetic Ink Character Recognition) in the Bank. The bank enables them to process 300 cheques per minute with 100% accuracy. Hope This Helped You A Lot


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Which device is used to read cheques?

Many devices may scan the MICR line for various reasons. Before a check is negotiated at the bank the teller may run the check through a PPS machine to gauge the account validity. While, later on, it may be ran through a MICR line scanner which will tell if the MICR line is legitimate or has been altered for forged. Most likely of all, it will be scanned by a Image Capture machine and then be sent to the drawee bank for collection; made possible by the Check Processing for the 21st Century Act of 2003 (USA).


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