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NORTH CAROLINA STATE HISTORIC PRESERVATION OFFICE of Archives and History Department of Cultural Resources NATIONAL REGISTER OF HISTORIC PLACES Grace Episcopal Church Lexington, Davidson County, DV0530,
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MICR stands for Magnetic Ink Character Recognition. It is a technology used to verify the authenticity of checks and other documents that are processed through electronic means.
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The purpose of MICR is to streamline the process of check processing and reduce errors by providing a reliable method to read and process the encoded information on checks and other financial documents.
The information reported on MICR includes the bank routing number, account number, check number, and other relevant details that are necessary for the processing and verification of checks and other financial documents.
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