Source Technologies SECURE MICR PRINTER ST9612 - Manual (Page 24)

Source Technologies, LLC ST9612 Secure MICR Printer User’s Guide 20
Given the available area on the document, you may need to use a smaller font
when printing larger value amounts.
Payee Area
The payee is a necessary data element for a negotiable document. The payee
area is generally to the left side of the document either above or below the
amount in words. It is often preceded by the words “Pay to the Order Of.” The
payee data should not enter the MICR clear band which extends 5/8 of an inch
above the bottom of the check. Some financial institutions have established
specific print requirements for the Payee Name and optional address. Consult
your bank for details on their print requirements.
Signature Area
A signature is a required data element for a negotiable document. The signature
or signatures authorize the bank to honor the check; therefore, it must match the
bank’s records. The signature area should be beneath the convenience amount
area but the signatures should not enter the convenience amount area nor the
MICR clear band. This is especially true if you print the signature with MICR
toner.
Drawee Institution Name
The name of the institution where the maker’s account is located is referred to as
the drawee institution. The bank’s name, city, and state are required.
Account Title
The account title is normally printed in the upper left corner of the check. It
includes the name of the account holder and other information such as
addresses, telephone numbers, and logos. The data in the title should be legible
and sufficiently complete so that if the MICR data account number is destroyed,
the drawee institution can refer to the account title in order to trace the account
number.
Memo Line
This line is located in the lower left quadrant of the check, and is not required.
Data printed here does not contain any legal significance. Printing in this area
with magnetic toner should not extend downward into the MICR clear band which
is 5/8 of an inch above the bottom of the check.
Check Serial Number
The check serial number is generally printed in the upper right quadrant of the
check. Although the check number is not required for the check to be negotiable,
the account holder and financial institution use these numbers to reconcile
statements and execute stop payments. The check serial number should also
appear a second time in the MICR line, and these numbers should match. The
number of digits in the check serial number is controlled by the financial
institution and the MICR line format. Consult your banking institution for their
requirements.
Fractional Routing Number
The fractional routing number should be printed in a fractional format in the upper
right quadrant of the check. This number is assigned to identify the Federal
MICR Check Design | 3