MICR/Financial Forms
Financial Institution Services
Magnetic Ink Character Recognition (MICR) is used primarily for speed in the banking industry. It involves placing characters on a material with toner containing iron particles so that the printing can be read magnetically. This process prints the numbers and special characters on financial transaction documents providing security to both the user and provider. It is also very useful in the printing of gift certificates.
Fraud has become an increasingly alarming problem, with counterfeiting and document fraud making up two thirds of the $600 billion of losses each year. Our experienced team at Steinert Printing Company can help you determine methods of document fraud prevention and security with simple MICR solutions, and many other security options.