NUMBERS PROBLEM

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hello friends,

                       can you explain tha number code in cheque three code like cheque no, micr code next dont know. "115402"  "110002031": 263100"' 32

                       third code what .

                      

Replies (3)
BSR CODE

i am not sure.

but i think it is the bank code of which the cheque is.

BANK CHEQUE SYSTEM WITH CHEOUES HAVING MAGNETIZED STRIPS AND/OR STORAGE CHIPS Field of the Invention The invention relates to a bank cheque system wherein banks issue cheques carrying on their front faces imprinted visible data, rear faces for endorsement, and a magnetized strip and/or storage chip having an invisible magnetic (stored) encoded data, as well as the magnetized cheques themselves and methods of controlling the authenticity and guaranteeing the funding of such cheques.

The invention also pertains to methods, and electronic systems and magnetized strips and/or storage chips, used to produce and use fresh and new magnetized cheques to discover any forging in the magnetized cheques immediately upon introducing them for negotiation, to instantly state and confirm whether or not sufficient funds are available, and to avoid the damages that could result from forging ordinary cheques, or the non-availability of sufficient funds.

Background of the Invention The invention relates to new cheques made of paper and/or plastic or any other material, the cheques being merged and compacted with magnetized strips and/or storage chips, and to the use of reader devices to discover any unauthorized alteration or forging in the cheques, immediately upon introducing them for negotiation, to state and confirm instantly whether or not sufficient funds are available, and to avoid the damages that could result by forging ordinary cheques, or the non-availability of sufficient funds.

**DM

***

CRaZy  aCCouNTaNTS

 

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