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    A detailed explanation of the MICR (Magnetic Ink Character Recognition) line on U.S. bank checks

    The MICR line is a special string of characters at the bottom of a paper check, printed with magnetic ink in E-13B font. It allows banks to automatically read key information using high-speed readers/sorters. The technology was developed in the 1950s by the American Bankers Association (ABA) and...

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