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The Computer Journal 1961 4(2):157-160; doi:10.1093/comjnl/4.2.157
© 1961 by British Computer Society
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Character Recognition and Document Handling in Banks

R. Hindle

Martins Bank Ltd., 4 Water Street, Liverpool, UK

The automation of bank accounting processes cannot go very far unless based on the assumption that automatic document handling equipment will be provided. Moreover, the specification of the required document-handling machines is exacting because of the basic principle of bank accounting—that it is an "open" system operating with vouchers, cheques, credit vouchers and so on, which are produced, in the main, outside the control of the banks where they are to be processed.


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