New York § 4-105 "Depositary Bank"; "Intermediary Bank"; "Collecting Bank"; "Payor Bank"; "Presenting Bank"; "Remitting Bank"

New York Statutes

§ 4-105 — "Depositary Bank"; "Intermediary Bank"; "Collecting Bank"; "Payor Bank"; "Presenting Bank"; "Remitting Bank"

New York § 4-105

Law UCCUniform Commercial Code

Part 1General Provisions and Definitions

Art. 4Bank Deposits and Collections

This text of New York § 4-105 ("Depositary Bank"; "Intermediary Bank"; "Collecting Bank"; "Payor Bank"; "Presenting Bank"; "Remitting Bank") is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Uniform Commercial Code § 4-105 (2026).

Text

Section 4--105. "Depositary Bank"; "Intermediary Bank"; "Collecting\n                  Bank"; "Payor Bank"; "Presenting Bank"; "Remitting\n                  Bank".\n  In this Article unless the context otherwise requires:\n  (a) "Depositary bank" means the first bank to which an item is\ntransferred for collection even though it is also the payor bank;\n  (b) "Payor bank" means a bank by which an item is payable as drawn or\naccepted;\n  (c) "Intermediary bank" means any bank to which an item is transferred\nin course of collection except the depositary or payor bank;\n  (d) "Collecting bank" means any bank handling the item for collection\nexcept the payor bank;\n  (e) "Presenting bank" means any bank presenting an item except a payor\nbank;\n  (f) "Remitting bank" means any payor or inte

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Section 4--105. "Depositary Bank"; "Intermediary Bank"; "Collecting\n Bank"; "Payor Bank"; "Presenting Bank"; "Remitting\n Bank".\n In this Article unless the context otherwise requires:\n (a) "Depositary bank" means the first bank to which an item is\ntransferred for collection even though it is also the payor bank;\n (b) "Payor bank" means a bank by which an item is payable as drawn or\naccepted;\n (c) "Intermediary bank" means any bank to which an item is transferred\nin course of collection except the depositary or payor bank;\n (d) "Collecting bank" means any bank handling the item for collection\nexcept the payor bank;\n (e) "Presenting bank" means any bank presenting an item except a payor\nbank;\n (f) "Remitting bank" means any payor or intermediary bank remitting\nfor an item.\n