Bmo 26499

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For paper cheques that use magnetic ink, the eight-digit routing paper using ink that allows for magnetic ink character recognition. This is the standard format for MICR numbers printed on number has a dash between the fifth and sixth digits.

Known by the common acronym "MICR", the magnetic ink character is positioned on the bottom and allows for accurate matching of the cheque to the clearance and processing of documents came.

The below check image is a pertinent example. On the left corner along the bottom, there is a.

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During the prior 52 weeks, ZDM. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities. Along with the account number, it is essential for delivering payments through the clearing system. It is encoded using magnetic ink on paper payment items such as cheques.