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Definition | : | Magnetic Ink Character Recognition |
Category | : | Business » Banking |
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: | Worldwide
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Magnetic Ink Character Recognition (MICR) is a character-recognition technology used primarily by the banking industry to facilitate the processing of cheques and makes up the routing number and account number at the bottom of a check.
Minorities in Cancer Research
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The full form of MICR is Magnetic Ink Character Recognition
Magnetic Ink Character Recognition