Consumer Banking and Payments Law: 3.2.1.2 The Features of a Printed Check
The ordinary check contains several features that are crucial to the nature of this payment device and the way the check collection process operates. Preprinted checks contain computer-readable numbers that are encoded using a process known as magnetic ink character recognition (MICR). These numbers on the bottom of the check represent the drawee bank, the bank’s branch, and the customer account number.



