MICR line
Defined in 1 place of the United States Code.
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.
Source
- 2003–present12 U.S.C. § 5002Banks and Banking · Definitions · for purposes of this chapter