Information Depot: Use MICR Toner For Printing Checks

If you're a small business owner looking for ways to save money, printing your own checks using MICR toner is the way to go. The invention of personal computers, office printers, and business software made it cost effective for small businesses to save tons of money by doing many business jobs in house rather than having them out sourced.

Small businesses can save money printing checks in house.

Small business owners, you no longer need to rely on outside sources for check printing. You don't have to stock an inventory of pre-printed checks that are at risk of being stolen. Nor do you have to be stuck needing to properly dispose of old stock piles of pre-printed checks on closed or outdated bank accounts. However, there are some things that must be considered in doing the job of printing checks for your business. One of the main things to do is to use MICR toner.

MICR toner is a special ink containing iron oxides. It stands for Magnetic Ink Character Recognition. Banks and other financial institutions use special equipment to read the bank routing and account numbers that are printed on your checks. This cuts down on check fraud. Also, the banks' special readers can read the magnetic characters printed with MICR toner through ink pen marks, scuffs, stamp marks, etc.

With the use of MICR toner you stand a better chance of not having your checks rejected. If the banks' check readers can't read or process your checks automatically, they will have to process your checks manually. Banks charges a processing fee for each check it's equipment can not read.

Look into printing your own check in house. There's lots of check printing software to choose from. However, you absolutely must use MICR toner for printing check.