Auxiliary On-Us Field

A field on the magnetic ink character recognition (MICR) line of a check or share draft. This is an optional field that can be found to the left of the routing number. The presence of this field makes the check in-eligible to be used as a source document for accounts receivable conversion (ARC), back office conversion (BOC), and point-of-purchase (POP) entries.

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    A development finance institution (DFI) is an alternative type of financial institution that provides credit via loans, equity and more.

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  • Surcharge

    A surcharge is an extra fee that’s added to the regular total amount.

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