Overview
1-10
Generic MICR Fundamentals Guide
Figure 1-3. Check ordering and production cycle
1. Design requirements are defined for a new account.
2. Requirements are passed to application development.
3. Samples pass internal quality checks.
4. Samples are forwarded to the bank for approval.
5. Any problems are referred to application developers, who
ensure that the problems cannot occur in production.
6. After approval by the bank, the check design becomes
available for routine production.
7. Variable check data is prepared for incorporation.
8. The checks are printed.
9. The printed checks are inspected.
10. Any problems are reported to the source for correction and
reprinting.
11. When they have passed bank validation and quality
inspection by the issuer, the checks are issued to the payee.
Summary of Contents for 6100BD - Phaser Color Laser Printer
Page 1: ...January 2003 701P22140 Xerox Document Services Platform Generic MICR fundamentals guide...
Page 17: ...Overview Generic MICR Fundamentals Guide 1 7 Figure 1 2 Life cycle of a check...
Page 22: ...Overview 1 12 Generic MICR Fundamentals Guide...
Page 46: ...Paper facts 3 18 Generic MICR Fundamentals Guide...
Page 74: ...Document design 4 28 Generic MICR Fundamentals Guide...
Page 86: ...Document processing 5 12 Generic MICR Fundamentals Guide...
Page 105: ...Quality control Generic MICR Fundamentals Guide 6 19 Figure 6 12 E13B characters and waveforms...
Page 146: ...Security 8 18 Generic MICR Fundamentals Guide...
Page 150: ...References A 4 Generic MICR Fundamentals Guide...
Page 164: ...Glossary Glossary 14 Generic MICR Fundamentals Guide...