Laser Printers

Check Printer: Is There A Specific Device For This Function?

What is a check printer?

The answer is none, anyone can print checks using just about any printer. What is required though is MICR check printer, but this deals entirely with a special ink not a printer.

MICR (magnetic ink character recognition) check printer is required by banks to counter check payment fraud. This drive becomes almost mandatory, since most payment fraud roughly 43% are made through fraudulent checks. In fact, check fraud surpasses that of credit card fraud. At least 71% of companies have  experienced check fraud or attempted check fraud.

 

Companies that issue a lot of checks are left with no option but to print their own checks, the reason is tied to savings not something else. But before printing checks, the company must abide with the guidelines set by the bank. The requirement are usually as follows:

  1. A software for formatting the check, this is important to not just print any customized checks, but one that is friendly to the banks operating systems.
  2. MICR font to print the computer-friendly numbers at the bottom of each check, otherwise banking operations can be hampered.
  3. Check stock, the special kind of paper with security features that discourage checks from alterations.
  4. Magnetic Ink, although optional but it can help a lot as a security feature to avoid problems and additional expense.

There are two ways to print checks, it can be done from scratch, or one can order partially printed checks from professional printing sources. Printing from scratch regularly need special ink, fonts and a check printer that will do the printing process. Like all checks, partially printed checks need to be printed on with computer-readable numbers, on special paper using magnetic ink. Once the requirements are completed the checks are loaded into the printer to add the payee.

 

As already mentioned, any printer will do to print checks, it could be an ink based inkjet printer, a toner based laser printer or a ribbon loaded impact printer. All can be classified as MICR check printers if the special ink is used in the process. There is no special consideration to classify a printer as MICR printer.
Remember, it is the banks that provide the specifics and must be thoroughly complied with for one to be allowed to print checks. Any deviation from the guidelines will render the checks stale, having not met the MICR check printer standards.

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13 Comments

  • Reply
    admin
    September 6, 2019 at 7:01 am

    helpful blog though, but how about in eCheck. Does eCheck need special paper? is the bank still be able to capture an image of the check? It would be a great help if this could be answered. Thank you.

  • Reply
    wil
    September 18, 2019 at 7:42 am

    i found this blog so useful thanks a lot for that and we should use a perfect software for check printing. a no chance of spelling mistakes also. How can i insert the currency? our banks require that you write your checks in US Dollars.

  • Reply
    Amy
    October 11, 2019 at 7:36 am

    very nice read, a truly secure MICR check printing solution ensures that data is encrypted all the way to the printer, where it is decrypted and then printed onto the blank check stock.

  • Reply
    Enrique
    October 30, 2019 at 11:22 am

    Buying checks from banks or online stores can be very expensive, especially if you need them on a regular basis. If you have your own business or are in a position where you are constantly required to write checks having a check printer helps save on costs.

  • Reply
    Delbert
    December 4, 2019 at 6:58 am

    this helps me a lot especially in my business dealing with checks on a regular basis

  • Reply
    Angel
    December 24, 2019 at 7:31 am

    Print volumes, speed and security requirements should help you decide what kind of check printer you need. Inkjet printers are known to print much slower than laser printers, and printing checks is no exception.

  • Reply
    tiffa
    December 29, 2019 at 5:50 pm

    Printing a check is way more specific to look for legit printer paper and dealing with the size and the fonts etc.

  • Reply
    MARGA
    January 8, 2020 at 2:45 pm

    Thanks for sharing this information. You explain it well, looking forward for more. Keep it up!

  • Reply
    NUR ALI
    February 6, 2020 at 2:08 pm

    Useful blog! Thanks for sharing bro!

  • Reply
    JOVI NEZZA
    February 13, 2020 at 3:20 pm

    I just found an answer to my questions that I keep to myself. This printer will be my target to buy this year as a gift for my best friend for her bookkeeping business.

  • Reply
    EUSTAQUIA
    February 24, 2020 at 2:35 pm

    I never knew that there is this kind of printer before. I am so grateful that I read your blog, I must also read other content of this blog.

  • Reply
    IZZAH
    March 23, 2020 at 7:13 pm

    I used to buy a MICR printer after reading this article cause it suits my business. Thanks for the information.

  • Reply
    SHYLA LIM
    March 25, 2020 at 7:22 pm

    The content of this blog is really mind-blowing! Rest assured it would be known by many.

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