MICR line

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:financial_technology
gptkbp:contains account number
SWIFT code
branch code
cheque number
gptkbp:enables automated cheque processing
gptkbp:fullName Magnetic Ink Character Recognition line
https://www.w3.org/2000/01/rdf-schema#label MICR line
gptkbp:introducedIn 1950s
gptkbp:practicedWorldwide true
gptkbp:readBy MICR reader
gptkbp:standardizedBy gptkb:ISO
gptkb:ANSI
gptkbp:usedFor fraud prevention
error reduction
fast clearing
gptkbp:usedIn cheques
deposit slips
gptkbp:usesFont gptkb:CMC-7
gptkb:E-13B
gptkbp:writtenBy magnetic ink
gptkbp:bfsParent gptkb:magnetic_ink_character_recognition_(MICR)
gptkbp:bfsLayer 7