Banks use _______________ technologies for check processing.
A) voice response
B) magnetic ink character recognition
C) laser printer
D) optical scanner

Question

Quizplus · Accepted Answer

Banks use Magnetic Ink Character Recognition (MICR) technologies for check processing. This technology uses a special ink that can be read by high-speed scanners, allowing for quick and accurate processing of checks. The MICR code printed at the bottom of the check contains all the necessary information about the check, including the account number, bank routing number, and check number.

Banks Use _______________ Technologies for Check Processing