Establishes the location for the convenience amount (amount in numerical figures) in a specific area on payment documents, and regulates the appearance of the background for that amount area and the MICR band. The colors determined for this standard are defined in terms of the human-visible spectrum because instruments used for check writing cannot be controlled. Development prompted by a lack of unifomity in the design and location of dollar amount fields, which can and often does lead to confusion during various processes and cycles with respect to the amount of money that payment documents represent . In addition, there is concern over the use of colors in the convenience amount and MICR areas that do not provide for proper microfilming quality as required by banking regulations . The new processing equipment that permits depository institutions, banks, and other non-depository financial institutions to handle increasing numbers of paper based financial transactions more efficiently is enhanced by standardization. This standard is intended to be compatible with existing check specifications and does not alter requirements for paper or MICR specifications.
Số hiệu tiêu chuẩn
ANSI X 9.7
Tên tiêu chuẩn
Bank check background and convenience amount field
Ngày phát hành
1988-00-00
Từ khóa
Amount * Bank operations * Banks * Checks * Cheques * Data processing * Definitions * Financial transactions * Formats * Means of payment * MICR * Testing shop