If you have a checking account and that account contains money, you may want to issue checks whenever you’d purchase things. Sure, paying in cash may be quite beneficial but there are just times wherein it’s really advantageous to just give out checks instead. After all, carrying a huge sum of money can be burdensome and also risky. Today, if you want to, it’s possible for you to print your own check. All that you need to do so is a printer, paper and the details that should be present on your checks. As much as possible, you should try to utilize MICR printer for your own safety. If you could, you should choose to use paper that’s durable or that which cannot be damaged easily. It is of vital importance that you have the complete details of the things that should be present on a check so that the checks that you’d distribute won’t be declined and so that you won’t be fined by your chosen bank with fees. If you want to have more information on how to print your own checks and why you should do so, you should keep reading.
Right now, there are many micr printers 2016 that are sold which could be purchased by anyone. If you’re planning to print your own set of checks and make your very own checkbook, you could try to purchase a printer that utilizes the magnetic ink character recognition technology so that your checks won’t be duplicated. Basically, banks have readers that can read codes written in ferrofluid and clearing checks has been significantly made easy because of the MIRC. If you’re planning to create batches of checkbooks, however, you have to not only be in possession of check printing paper, magnetic toner and MICRC printer but also create a draft of your check which contains lines where you could write the date, amount that you wish to dispense in words, your name or your company’s name, and purpose why you gave out money. On your checks, you should also include a box where you could input the amount that you’d give in numbers plus the check, account and routing number written in MICR E-13B font and magnetic ink. You have to make sure that the banks’ readers would be able to read whatever check you’ve issued so that you won’t be fined and get in trouble with the law.
You should use checks instead of paying through cash, especially if you’re planning to purchase things which are expensive so that you won’t have to carry a huge sum in your packet or in a bag. Because businesses don’t take credit either, you should go for checks. Some companies don’t accept cards mainly because the tools needed to process payments credit payment are pricey. Also, there are other benefits that you could have when you’d use checks. You could write post-dated checks because it’s legal to do so and you could also use checks as gifts that are ready for encashment.