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MICR line

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 5002 — for purposes of this chapter

The terms “MICR line” and “magnetic ink character recognition line” mean the numbers, which may include the bank routing number, account number, check number, check amount, and other information, that are printed near the bottom of a check in magnetic ink in accordance with generally applicable industry standards.