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What Is Magnetic Ink Used For?

Magnetic ink is used for printing certain characters, like routing numbers, on documents such as bank checks and deposit slips. The ink contains detectable magnetic particles, according to PC Magazine.

  1. MICR

    • MICR, or magnetic ink character recognition, represents a measure banks employ to improve security. An MICR reader can verify the legitimacy of the document upon scanning the data, according to TechTarget.com.

    Encoded Data

    • The MICR reader recognizes the encoded numbers and converts them into digital data, according to PC Magazine. Since the ink in photocopiers is not magnetic, an MICR reader will reject checks counterfeited that way.

    Other Users

    • Retailers can protect themselves against check fraud by using MICR readers. The technology can also facilitate and speed the sorting and processing of documents at government agencies.

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