Check processing procedure

Registers – Coded record sensors – Particular sensor structure

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Details

235379, 235480, 235382, 902 22, G06K 708

Patent

active

060859776

ABSTRACT:
A method for using a POS printer that includes means for magnetizing and reading the ON-US and ROUTING information from preprinted magnetic characters on a check. The characters are printed with an ink having magnetizable particles embedded therein. First, the ROUTING and ON-US fields of the check are magnetized, either by a fixed magnet, or within the read head itself. Next, the characters within the ROUTING and ON-US fields are read by the read head, and the signals analyzed by the electronics of the POS printer. This is followed by a verification, in which the printer electronically verifies that the account is not a "bad" account. If the account is good, the printer continues to endorse the check on its back and/or encode the check by printing MICR characters in the AMOUNT field on the face of the check. The POS printer may magnetize and read these characters after they are printed, in order to verify that the correct amount has been encoded onto the check.

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Print and Test Specifications for Magnetic Ink Printing (MICR), ANSI X9.27, Dec. 1, 1995, EDI Support Services, Chardon, OH.
Information Processing-Magnetic Ink Character Recognition Print Specifications, ISO. 1004: date, month missing 1995 (E), International.
Organization for Standardization, Geneva, Switzerland date/month/year missing.

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