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Check Rejected Due To Invalid MICR Encoding

in Payables, Payments & Cash Management 1 comment

Business have made the check payment.

However the payment is not released due to a issue with micr code. Here Transit number is 06012 in MICR but when the MICR encodes it changes to 06612 in the bottom line. Kindly refer the attachment and suggest why the MICR encoding is going wrong.

Note: I verified the payment file, the value is 06012. How are we getting 06612 ??

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