MICR Check Reader from Canada
A magnetic ink character recognition device that reads MICR encoding on the bottom of checks for automated bank processing. Falls under HTS 8471.60.80.00 as a specialized input unit for ADP machines decoding magnetic data into coded form. Essential for financial institutions handling check deposits.
Duty Rate — Canada → United States
25%
Rate breakdown
9903.94.0525%Except for products described in headings 9903.94.06, 9903.94.32, 9903.94.33, 9903.94.42, 9903.94.43, 9903.94.44, 9903.94.45, 9903.94.52, 9903.94.53, 9903.94.54, 9903.94.55, 9903.94.62, 9903.94.63, 9903.94.66 and 9903.94.67, automobile parts, as provided for in subdivision (g) of U.S. note 33 to this subchapter
9903.05.860%Universal product exemption (U.S. note 52(b))
9903.05.900%Articles already subject to Section 232 (steel/aluminum/copper + derivatives, autos + parts, wood, medium/heavy vehicles + parts, semiconductors, patented pharma) — U.S. note 52(f)
Import Tips
• Comply with ANSI X9.100-170 MICR standards documentation for customs verification
• Include bank-grade security certifications in import paperwork
• Avoid classification as financial machinery under 8472 by emphasizing ADP input function