When costs matter use a HP MICR Toner Cartridge
It hasn’t been too long that private companies and individuals were able to print there own checks. Since the introduction of the laser printer and MICR Toner there have been a whole host of questions regarding this issue.
Before you begin purchasing check paper and special toner don’t assume you can use traditional ink and toner to print your checks. And, while this is possible it really is not a good idea. The HP MICR Toner is special in that it allows the bank readers and sorters to read the documents quickly and process them easily. Often the average consumer will ask if it is required to use MICR Toner to print their checks and the answer is definitely yes!
The reason why is that the Toner is magnetic, which allows the banks to read it. Regular ink must be processed by hand and when this occurs it is not uncommon for the bank to charge a per check fee, up to $30, for using the wrong toner. So, that is something you will definitely want to keep in mind.
Another common question is whether or not MICR toner exists for inkjet printers. The answer is no because inkjet printers use ink not toner. However, there is MICR ink that works well in inkjet printers so that is an option for you if you have an inkjet printer.
The most popular question is perhaps what MICR really stands for. The answer is magnetic ink character recognition. MICR alone will not change the characters that are required to be used also. The characters that are used are from a whole different font.
Another funny question that people seem to ask quite on a regular basis is how MICR is pronounced. The answer is M, I, C, R because it is an acronym and not a word. Acronyms should be spelled out, like YMCA, rather than spoken as a word. Some people have heard the MICR acronym spoken as “micker” or “my-ker” but neither of these is correct. though?, the “my-ker” would be preferable by industry leaders should it be pronounced. The easiest thing to do is just spell it out!
These are only a few of the questions people ask when they are educating themselves before they consider printing their own checks. If this sounds like you then do not hesitate jumping on the web and seeing what you can find. Most likely you will realize there are in truth a lot of answers out there that will help educate you on MICR.
Below are a list of things you should think about before you start printing your own checks:
85% of all printers in use today are HP Printers. This speaks volumes on the printer option for you.
Starting with an HP Printer with HP MICR Toner Cartridge and a good check writing program will certainly get you up and running.
Using HP MICR will save you about 50% over other brands.
Time and time again other brands often have MICR content flaws, where HP does not normally have these problems.
Most importantly do your homework! Before you start printing checks in quanity, go to your local bank that these checks would be processed and have them check that everything is acceptable. Remember that there is currently no way to print micr checks using a Color Laser Printer.
