Source Technologies ST9530 manual Micr Overview, Check Processing System, Micr Printing Today

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2. MICR Overview

MICR stands for Magnetic Ink Character Recognition. All MICR documents have a MICR line with numbers and symbols printed in a MICR font with magnetically chargeable toner. Each character of the MICR font has a unique waveform when sensed magnetically.

Financial institutions and the Federal Reserve use the MICR line to identify and sort checks. The high-speed automated processing of checks and other financial documents depends on the accuracy and the integrity of the data printed in the MICR line. Your new Source Technologies’ Secure MICR Printer is specifically designed to produce high quality MICR documents.

The Check Processing System

As a MICR document travels through the check clearing system it is processed an average of about seven times by high speed reader/sorter machines. Some checks are read up to 30 times or more by these machines. Reader/sorter machines charge the toner in the MICR line and then read the line with a magnetically sensitive reader.

The MICR line contains numbers and symbols to indicate the check serial number, the routing number of the drawee institution and the makers’ account number. The institution of first deposit encodes the check amount in the MICR line to be read by the reader/sorter equipment. Checks travel through reader/sorters at up to 20 miles-per-hour (2,400 documents per minute) with each MICR line read in three hundredths of a second.

MICR Printing Today

Congress established the Federal Reserve System (FRS) in 1913. Today most commercial banks in the United States belong to the FRS. Many other depository institutions provide banking and checking account services to the public. These other institutions, such as some credit unions, savings and loan associations and nonmember banks, are not formally part of the FRS. However, they have access to the payment services it provides and are subject to many of the FRS regulations.

In 1958, because of the explosive growth of check usage, the American Bankers Association selected the E-13B MICR font and the MICR system as the technology for high-speed check processing. Today, check standards are determined by the American National Standards Institute (ANSI) Accredited Standards Committee (ASC) X9B of which Source Technologies is a voting member. The latest versions of the standards and technical guidelines are available from Global Engineering Documents.

 

Hardcopy Standards

 

Softcopy Standards

 

Global Engineering Documents

 

X9 Electronic Bookstore

 

 

Phone 800-854-7179 or 303-397-7956

www.x9.org - click ESS

 

Fax 303-397-2740

 

www.ansi.org - click ESS

 

global@ihs.com

 

or

 

http://global.ihs.com

 

http://webstore.ansi.org

Secure MICR Printer User’s Guide

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© Source Technologies

September 2005

All Rights Reserved

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Contents ST9530 Secure Micr Printer User’s Guide Page Table of Contents Error Messages Audit Trail ReportPrinter Installation Micr Overview Check Processing SystemMicr Printing Today Secure Micr Printer User’s Guide Micr Check Design General Features of Check DesignPosition and Dimension Gauge Design Elements in Detail PaperData Elements Date DuplexingMicr Clear Band Amount Convenience AmountSignature Area Amount In WordsPayee Area Drawee Institution NameAuxiliary On-Us Field Positions 65 to Memo LineCheck Serial Number Fractional Routing Number Micr Line External Processing Code EPC Field PositionOn-Us Field Positions 32 to Sample Check Quality Issues Quality WeightMicr Check Stock LayoutSecurity Issues Check Stock Security FeaturesSecurity Note Secure Micr Printer User’s Guide Micr Fonts Micr FeaturesMicr Mode Secure FontsMicroPrint Bi-Directional Feedback@PJL Ustatus Device CODE=40020 Resource Storage Micr MenuEntering Micr Mode STF CommandMicr Definition Command SMCPxxxx$ optional STH CommandPassword SmcpSTS Set New Password Command &%STExxxxxxxx$STE Print Micr E-13B Font SMDddd...ddd$Print ICR Secure Numeric Font &%SMIxxxxxx~ Print Micr CMC7 Font SM7ddd...ddd$Print Secure Numeric Font SMFddd..ddd~ Print MicroPrint Line SMMxxxxxxxxx!$Load Flash Resource STLxxxxxyyyyyyzdd....dd Secure Flash Resource Unlock Command STPxxxxx$Tray Lock Command STTL#$ Format Flash Memory SFF$STTU# Tray Unlock Command STTU#$Tray Swapping Commands SttsonDecryption Commands DES and AES DecryptionTurn DES Decryption OFF Turn DES Decryption onTurn AES Decryption on Turn AES Decryption OFFCustomer Character Conversation Command Special Alert and Custom Beep Command STBEEP1$STBEEP2$ MICRpoint Feature Secure Micr Printer User’s Guide Turning Hex Transfer On IBM Host Programming Features and ExamplesHex Transfer Turning Hex Transfer OffHex Transfer Examples Micr Mode Command Example Command terminator Commands in .1 in order of appearanceSTFPASSWORD$ Micr font character mapping in Appendix aSTY4000$ Escape Character TranslationSTY4040$ Example &%STY2300$Sample Check Audit Trail Reports SAR Audit Trail Report Command SetPrint Audit Report End Audit RecordAudit Report Field Three SQ3d..d$ Audit Report Field One SQ1d..d$Audit Report Field Two-MICR Line Audit Report Field Four SQ4d..d~Audit Report Field Seven SQ7d..d$ Audit Report Field Five SQ5d..d$Audit Report Field Six SQ6d..d$ Print and Purge Audit Report &%SPURGExx$Start Audit Feedback Command Print Audit Report SPRINTxx$Audit Trail Commands Example Audit Trail Check Sample SQ6October 5, 2005$ SAR$SQ1200$200 TerminatorSMD...$ SQ7103345 AM$Msmith Description Error MessagesError Message on Display Printed Message ActionMacro Definition Error Invalid decode Page Appendix a E13B Micr Font Mapping Command&%SMDddd..ddd$ Example &%SMD 00001234 T01234567T3210987654321$ Will printAppendix B CMC7 Micr Font Mapping Less Than Equal Greater Than Appendix C Secure Numeric Font Mapping Description Alpha/Numeric Hex Value Secure Font CharacterTwo Three Four Five Six Seven Eight Nine Arrow Example&%SMF$15,575.00~ Appendix D ICR Secure Numeric Font Mapping Appendix E Micr Mode Command Summary STTSOFF$ SPURGE$ SPRINT$STORE$ Previous Audit Report information will be lostAppendix G PJL Based Micr Commands PJL Re-Lock Sequence With a New Password Value UEL @PJL Info MicrCartridge Status = Unknown PCL Font Calls, Positioning Commands and Variable Print Data Sample Accounts Payable Check PJL and PCL commands used to print the sample check ESC%-12345X@PJL Ldeletepassword LRESOURCEflash
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