Magnetic ink allows a computer to read characters even if they have been covered with signatures, cancellation marks, bank stamps, or other marks. MICR lines help facilitate automatic check-clearing when banks send their checks to central processing systems at the end of the day.

How it is made

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A ferrofluid is used in the manufacturing of the magnetic ink. A ferrofluid consists of colloidal particles (nanoscale) composed of iron(II) and iron(III) compounds such as FeCl2 and FeCl3. A ferrofluid is attracted by a magnetic field but does not become permanently magnetized.