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NORTH CAROLINA STATE HISTORIC PRESERVATION OFFICE of Archives and History Department of Cultural Resources NATIONAL REGISTER OF HISTORIC PLACES Maiden Lane Historic District Raleigh, Wake County,
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m i c r stands for Magnetic Ink Character Recognition. It is a technology used to read information from documents such as checks and process them electronically.
The entities that are required to file m i c r are financial institutions, such as banks.
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The purpose of m i c r is to enable quick and accurate processing of checks by machines. It allows banks and other financial institutions to efficiently read and process checks, reducing errors and improving the speed of check processing.
The information that must be reported on m i c r includes the bank routing number, account number, and check number.
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