Accuracy of data entry into MICR line of bank checks in transit in the clearing process
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United States of America Patent
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-
Feb 17, 2009
Grant Date -
Nov 22, 2007
app pub date -
May 16, 2006
filing date -
May 16, 2006
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A process for correcting bank checks which are in transit to destination banks in a check clearing process. Specific patterns of errors in the MICR lines on the checks are sought and, if they are found, a technician is prompted to correct the MICR line. In addition, a display is generated which (1) is convenient for technicians to view for extended periods of time and (2) provides assistance to the technicians in making the corrections.
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