The First Demonstration of Magnetic Ink Character Reading

7/1956
<p>"MICR E-13B font of 14 characters. The control characters bracketing each numeral block are (from left to right)&nbsp;<em>transit</em>,&nbsp;<em>on-us</em>,&nbsp;<em>amount</em>, and&nbsp;<em>dash</em>."</p>

"MICR E-13B font of 14 characters. The control characters bracketing each numeral block are (from left to right) transiton-usamount, and dash."

In July 1956 MICR (Magnetic Ink Character Recognition) for streamlining the processing and clearance of checks was demonstrated to the Bank Management Committee of the American Bankers’ Association.

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