Micr Output - Xerox DocuPrint 96 IPS System Overview Manual

MICR output

ERA
PA YROLL A CCOUNT
P AYT OTHE ORDER OF
JEAN L. MAGNIN
484 NORTH PROSPECT
CARUBA BEACH, CA 80297
PA YABLE IF DESIRED AT SOUTHERN PACIFIC
NATIONAL TRUST AND SAVINGS ASSOC.
OMAHA, NEBRASKA
SECURITY TRUST COMP ANY OF KENEAN, N.Y .
Auxiliary On-us field T ransit n um ber field
XEROX DOCUPRINT 96/4635/180 IPS SYSTEM OVERVIEW GUIDE
It is important that the MICR output be checked periodically for
readability of the MICR line. The MICR Clear Band, illustrated below,
should be verified at regular intervals. Refer to the Generic MICR
Fundamentals Guide for further information.
Figure 5-2.
ERA CORPORA TION P . O. BO X 9968 KENAN, N.Y. 146008
•
Transit — There are two transit symbols in a MICR line. The
numbers between the transit symbols indicate the institution on
which the check is drawn and the location which the document
should be sent for processing.
•
Amount — There are two amount symbols in a MICR line. The
numbers between the amount symbols indicate the amount of
the check. Generally, the amount information is added to the
MICR line by the bank during processing.
•
On-Us — The field to the left of this symbol contains the
account number. The content of the On-Us field is determined
by the issuing institution. The branch of the bank on which the
check is drawn may also be indicated in this field.
In general, the account number, bank branch number, and
check number are easily recognizable. Typically, the serial
number for the check displays to the right of the On-Us symbol.
On larger business size checks, this symbol also defines the
Auxiliary On-Us field located on the left end of the check.
Generally, this optional field contains a multiple digit serial
number.
•
Dash — The dash symbol can be used as a separator in the
On-Us field. For example, some banks use the dash to separate
the bank branch number from the account number. However,
reader and sorter manufacturers discourage this use as it can
cause detection problems.
Parts of the MICR Clear Band on a U. S. check
06-29-84
VOID AFTER 90 D AYS
NOT NEGOTIABLE
$* * * *980 DOLLARS
12-35/9290
On-us field
MICR IPS
1962721
50-16
223
$980.28
28 CENTS
Am ount field
5-3