Coupled with the MICR V Encoder, the Autofeed Module will increase throughput and expand the processing window for deposit preparation and reconciliation. MICR encoding checks as a by-product of adding and processing check totals allows you to reduce your check processing fees and improve your cash position.

Batch and C.S.S. (Cash Settlement System) software configurations help streamline the MICR V’s operation. Maverick’s C.S.S. software streamlines the Deposit Reconciliation and Balancing process. All tendered media (Cash, Checks, Debit & Credit Cards, Gift Certificates, Coupons, etc.) are processed in one simple and cost efficient procedure.

In a single pass, the MICR V encodes, lists, updates totals, and optionally endorses each check. The optional endorser meets Regulation CC requirements for “Bank of First Deposit.”

The M-580 may be purchased as a stand-alone system or as a slave device (peripheral encoder). The M-580 C.S.S. as a stand-alone system typically interfaces to other devices, such as Currency Counters and other Money handling devices.

Autofeed Module

The M-580 configuration features consistent document feeding, improving encoding productivity.

Fast

The MICR V dollar amount encodes at a rate of 3,400 documents per hour.

Integrated Programmable Ink Jet Endorser

Accommodating a variety of formats, up to 20 programmable messages can be stored and accessed through the keyboard.

Snap-In Ribbon Cartridge and “Maintenance Free” Hammer

Replacing the MICR V Ribbon Cartridge is simple and fast. A unique “maintenance-free” metal hammer eliminates the need to replace the MICR print hammer with each new ribbon. This new metal hammer has an average life of 65 million print characters (approximately 650 or more MICR ribbons).

Software Options:

* Multiple Exception Item fields
* Repeat Encode
* Account number CDV /CDG
* Batch Recall
* Register/Teller Totals
* Clean Batch Listings
* Adding Machine Mode

Hardware Options:

* Integrated, Programmable Endorser
* Up to (2) configurable communication ports