A financial institution that print checks regularly is going to need to have the right type of equipment in place in order to do so properly and securely. One of the things that they are going to need to do is to follow specific standards for the type of ink that is used in order to print those documents. This is known as an MICR font and it is printed on blank checks at the financial institution using that special type of ink which is able to be read when it is run through automated machines at the clearinghouse. This is a standard that is available at all financial institutions, so that it is not necessary for each of them to maintain their own standard.
You also need to consider the fact that the printer that is used in order to print these checks must be secure as well. The last thing that you would want to have happen is for somebody to access the printer or perhaps even the paper that is in the printer for their own purposes. In many cases, these specialty printers are going to have locking drawers available as well as software in place which would keep people without the proper permissions from printing the documents.
One other thing that needs to be considered is the specific ink that is necessary. Although MICR is a standard across the board, you’re not going to be able to fit an HP cartridge into a printer of another brand. Be sure that you get the specific cartridge that is necessary for your printer or it won’t work properly.
Want to Print Your Own Checks?
Nov 18, 2011
Labels:
business,
Checks,
HP Cartridge,
micr font,
Printing Check Software
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4:52 AM
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