Frequently Asked
Question's
What does APACS stand for?
Answer: Association for Payment and Clearing Services.
What does CPAS stand for?
Answer: Cheque Printers Accreditation Scheme.
What does MICR stand for?
Answer: Magnetic Ink Character Recognition.
What is OCR?
Answer: Optical Character Recognition.
What does the code line contain?
Answer: Sort-code, Account number, serial number and transaction code.
What is "dropout"?
Answer: Visible printed images that are not detected by the clearing
banks scanning equipment. |
