COMPUTER FUNDAMENTALS

Detailed explanation-1: -Magnetic ink character recognition readers are the primary tool used for check sorting, processing and validation. When scanning a document such as a check, MICR readers magnetize the ink and detect the MICR characters. The reader head of the device reads the characters.

Detailed explanation-2: -MICR code (Magnetic Ink Character Recognition Code) is a pattern recognition system used mostly by the bank industry to identify the document’s originality and to enable the processing and approval of cheques and other papers.

Detailed explanation-3: -In scanning, the document is passed through a MICR reader, which performs two functions: magnetization of the ink, and detection of the characters. The characters are read by a MICR reader head, a device similar to the playback head of a tape recorder.

Detailed explanation-4: -MICR is short for Magnetic Ink Character Recognition. It is a technology mainly used in the banking industry to verify the legitimacy of documents.