MICR-magnetic ink character recognition. এই পদ্ধতিতে ব্যাংকের চেকের চেক নম্বর লেখা ও পড়া হয়।
This enables the identification of the cheques and which in turns means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).