Xerox 6180N Generic MICR Fundamentals Guide  - Page 25

Environment Printing financial forms MICR is also used for printing a variety of financial forms. Examples of MICR financial forms include: • Personal checkbooks • Limited transaction checks, such as money market checks • Direct mail promotional coupons • Credit remittance instruments • Internal bank control documents, such as batch tickets Xerox MICR printing systems The Xerox MICR printing systems are a unique range of products that combine speed, intelligence, and high print quality. They also provide great flexibility in font selectivity, graphics capability, and dynamic page formatting. An advantage to Xerox printing systems is their ability to print a document in a single pass, as shown in the following figure. The form design, variable data, logos, and signatures can all be printed together. With MICR enablement, the MICR line can be included. Additional benefits include: • The elimination of expensive production and inventory of pre- printed forms • The ability to produce multiple checks on one physical page • Reduced handling steps by using cut sheet rather than fanfold paper • The reduction of additional equipment, such as bursters, decollators, trimmers, and signature machines • Reduced turnaround time • Ability to print checks against multiple accounts With the introduction of the latest MICR printing systems, Xerox has expanded its application base, using more paper sizes and multiple paper stocks. Generic MICR Fundamentals Guide 2-3