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Fairhope Public UtilitiesCITY OF FAIRHOPE APPLICATION FOR EMPLOYMENT The City provides equal employment opportunity without regard to race, color, religion, sex (including pregnancy, childbirth and
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M I C R (Magnetic Ink Character Recognition) is primarily needed by banks and financial institutions for processing checks. It utilizes special ink and printing technology to encode information on checks that can be easily read by machines. Additionally, businesses and individuals who frequently issue or receive checks may also need to fill out m i c r forms as per the requirements of their bank or financial institution.
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MICR stands for Magnetic Ink Character Recognition. It is a technology used mainly by the banking industry to facilitate the processing of cheques.
Banks and financial institutions are required to use MICR technology for processing cheques.
To fill out MICR, a special font with magnetic ink is used to print the routing number, account number, and check number on the bottom of a cheque.
The purpose of MICR is to help banks quickly and accurately process cheques by using machines that can read the magnetic ink characters.
The MICR line on a cheque typically includes the bank's routing number, the account number, and the cheque number.
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