Multiple choice technology web technology

9.In the MICR Code Line Structure what do represent the first three digits of Sort field number consisting of nine digits?

  1. (A)City

  2. (B)Bank

  3. (C)Branch

  4. (D)Account Type

  5. (E)None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In the MICR (Magnetic Ink Character Recognition) code line structure, the first three digits of the nine-digit Sort field represent the city code. This identifies the city where the bank branch is located. The subsequent digits identify the bank and specific branch, but the city code always comes first in the sorting sequence.

Keep practicing — related questions