MICR Checks

RFMS does not recommend the printing of MCIR checks unless a company has the needed printer in place.  As noted below, If the checks are printed without the magnetic ink, there is a risk that the reader at the bank will not process the check.  Then, the check has to be processed manually. Manual processing can result in a fee for you and/or your payee, as well as slower payments.

Once the MIRC is Configured under Accounting>Utilities>Configure AP Checks, or Accounting>Human Resources>Utilities> Format Payroll Check checks can be printed on blank check stock.

RFMS can print the Company Information and the MICR routing information on the check. The correct font must be purchased and installed before printing.

This information will only show up on printed checks.  It will not show up on emailed PDFs of checks since these checks cannot be deposited.

From http://banking.about.com/od/checkingaccounts/a/printyourchecks.htm

Bank information needs to be printed with magnetic ink. Finding magnetic ink is not simple at your local office supply store, and it's more expensive. Computers with magnetic readers read the account information off these checks to speed processing. If you print your checks without magnetic ink, you run the risk that the check will pass through a non-optical reader. Then, the check has to be processed manually. Manual processing can result in a fee for you and/or your payee, as well as slower payments.