Thread: Magnetic Ink?
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  #4  
Old June 26th 03, 05:17 AM
Clark Wilhelm Griswold, Jr.
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(GMAN) wrote:

Most banks i believe nowadays use optical scanning of the coding.


Actually, that isn't true. While some its common at some banks & regions,
magnetic readers are much faster and less susceptible to scanning errors.

Furthermore, even if your bank does do optical scanning the problem is that you
can't guarantee that the receving bank will, and they are the ones that code the
check.