Changes In Check Creation Role - Xerox 6100BD - Phaser Color Laser Printer Fundamentals

Changes in check creation role

Manufacturer
Check
issuer
Old areas of
responsibility
Generic MICR Fundamentals Guide
In the past, the roles of manufacturer and check issuer were
distinct. Because the technical requirements of doing MICR
printing were fairly difficult, the manufacturer usually did all of the
process steps that involved the generation of the check, except
for entering the amount, date, and payee.
The introduction of MICR impact printers allowed the check
issuer to sometimes take over printing the MICR line. With
further technological advances, such as the Xerox MICR printing
systems, the check issuer has assumed still more
responsibilities that previously belonged to the manufacturer.
- - - - - Printing functions - - - - -
Background
Form and border
MICR line and serial number
Amount and payee
Figure 1-4. Changes in check creation roles
Because MICR documents are typically negotiable documents,
every possible measure must be taken to ensure successful
processing. With a less clear division between check
manufacturer and check issuer responsibilities, the check issuer
becomes more involved in the development of a new check
issuance application.
Overview
Manufacturer
Check
issuer
New areas of
responsibility
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