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NORTH CAROLINA STATE HISTORIC PRESERVATION OFFICE of Archives and History Department of Cultural Resources NATIONAL REGISTER OF HISTORIC PLACES West High Street Historic District High Point, Guilford
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M I C R stands for Magnetic Ink Character Recognition. It is a technology used for the encoding and decoding of information on checks and other documents.
M I C R filing is not required by individuals or businesses. It is a technology used in the banking industry for processing checks.
M I C R is not filled out manually. It is generated by machines that encode the account and routing numbers on checks using magnetic ink.
The purpose of M I C R is to facilitate automated processing of checks. It allows banks to quickly and accurately read the account and routing numbers, leading to faster check clearing and reduced errors.
M I C R encodes the account number, routing number, and check number on checks. This information is used by banks and financial institutions for processing and routing checks.
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