Xerox 6180N Generic MICR Fundamentals Guide  - Page 21

Overview Changes in check creation role In the past, the roles of manufacturer and check issuer were distinct. Because the technical requirements of doing MICR printing were fairly difficult, the manufacturer usually did all of the process steps that involved the generation of the check, except for entering the amount, date, and payee. The introduction of MICR impact printers allowed the check issuer to sometimes take over printing the MICR line. With further technological advances, such as the Xerox MICR printing systems, the check issuer has assumed still more responsibilities that previously belonged to the manufacturer. Manufacturer - - - - - Printing functions - - - - Background Form and border Manufacturer Check issuer Old areas of responsibility MICR line and serial number Amount and payee Check issuer New areas of responsibility Figure 1-4. Changes in check creation roles Because MICR documents are typically negotiable documents, every possible measure must be taken to ensure successful processing. With a less clear division between check manufacturer and check issuer responsibilities, the check issuer becomes more involved in the development of a new check issuance application. Generic MICR Fundamentals Guide 1-11