Question

Find out about other uses of
magnetic inks​

Answer 1

Answer:

The magnetic ink allows computers to read the characters on a check even if they have been covered with signatures, cancellation marks, bank stamps, or other marks. MICR line numbers help facilitate check clearing automatically when banks send their checks to central processing systems at the end of the day

Answer 2

MICR (magnetic ink character recognition) is a technology used to verify the legitimacy or originality of paper documents, especially checks. ... Retailers commonly use MICR readers to minimize their exposure to check fraud. Corporations and government agencies also use the technology to speed up the sorting of documents.